US tire industry penalized by imports from Korea, Taiwan and Thailand: trade panel

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WASHINGTON (Reuters) – The United States International Trade Commission (ITC) said on Wednesday that US manufacturers were “materially injured” by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand .

The ITC also found that subsidized passenger car tires from Vietnam are causing injury to domestic manufacturers.

As a result of the order, the Commerce Department “will issue anti-dumping duty orders on imports of these products from Korea, Taiwan and Thailand, and a countervailing duty order on imports of these products from Vietnam, ”ITC said.

The ITC also found that Vietnam’s tire imports sold to the United States at less than fair value “are negligible and voted to terminate the anti-dumping duty investigation against Vietnam.”

The Commerce Department did not immediately comment.

In 2020, the US Department of Commerce initiated investigations into imports of vehicle tires from South Korea, Taiwan, Thailand and Vietnam in response to petitions filed by the United Steelworkers (USW) representing workers in the American tire factories.

The union won orders for vehicle tires imported from China in 2015, and Chinese imports have since declined significantly, allowing the domestic industry to invest in new capacity, the union said last year.

The United States imported $ 4.4 billion worth of tires from the four countries in 2020. The USW said tire imports from the four countries increased by nearly 20% since 2017, reaching 85.3 million tires in 2019.

The USW represents workers at Michelin, Goodyear, Cooper, Sumitomo and Yokohama tire plants in Ohio, Arkansas, North Carolina, Kansas, Indiana, Virginia, New York and Alabama.


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