US tire industry harmed by Korea, Taiwan, Thailand tire imports, says trade panel | Malay Mail

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WASHINGTON, June 24 — The United States International Trade Commission (ITC) said on Wednesday that US manufacturers are “materially injured” by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand. The ITC also found subsidised passenger tires from Vietnam...

WASHINGTON, June 24 — The United States International Trade Commission said on Wednesday that US manufacturers are “materially injured” by imports of passenger vehicle and light truck tires from Korea, Taiwan and Thailand.The US Commerce Department as a result of the order “will issue antidumping duty orders on imports of these products from Korea, Taiwan, and Thailand, and a countervailing duty order on imports of these products from Vietnam,” the ITC said.

Kevin Johnsen, who chairs the USW’s Rubber/Plastics Industry Conference, said that the current system is “clearly broken.” He added: “Before we can get remedies, we must demonstrate harm in the form of lost jobs and reduced market share. By that time, American workers are already suffering.”

 

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