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US announces preliminary determination on Vietnamese passenger vehicle tires

The US Department of Commerce (DOC) has announced affirmative preliminary determinations in the anti-dumping investigations of passenger vehicle tires from certain countries, including Vietnam.
US announces preliminary determination on Vietnamese passenger vehicle tires ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) –
The US Department ofCommerce (DOC) has announced affirmative preliminary determinations in theanti-dumping investigations of passenger vehicle tires from certain countries,including Vietnam.

Only some Vietnamese exporters were hit with a 22.3percent anti-dumping duty, according to the Ministry of Industry and Trade (MoIT).

The ministry said the determination is positive asthe other exporters who are not subject to anti-dumping duties account for over95.5 percent of Vietnamese tire exports to the US.

Meanwhile, those that were hit with a 22.3 percentanti-dumping duty had not shown cooperation with the investigation agency, theministry said.

The result would benefit Vietnamese exporters astheir counterparts have to suffer from high rates in the US’s preliminarydeterminations, from 13.25 to 98.44 percent, it added.

The US side has asked the firms to provide moreinformation for assessments before the department announces its finaldeterminations in these cases on or about May 14.

The Trade Remedy Authority of Vietnam, therefore, urgedrelevant tire producers and exporters to continue their close coordination withthe investigation agency./.
VNA

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