China Truck and Bus Tires: Final Results of CVD Admin Review
The Commerce Department issued the final results of its countervailing duty administrative review on truck and bus tires from China (C-570-041). The agency calculated new CV duty cash deposit rates for the Chinese producers and exporters listed below. These final results will be used to set final assessments of CV duties on importers for entries Jan. 1, 2020, through Dec. 31, 2020.
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New Cash Deposit Rates Take Effect June 30
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect June 30, the date these final results are scheduled for publication in the Federal Register. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate, and companies that have never been assigned a CV duty rate will get the all-others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CV Rate |
|---|---|
| Prinx Chengshan (Shandong) Tire Co., Ltd. / Chengshan Group Co., Ltd. / Shanghai Chengzhan Information and Technology Center / Prinx Chengshan (Qingdao) Industrial Research & Design Co., Ltd. / Shandong Prinx Chengshan Tire Technology Research Co., Ltd. | 17.85% |
| Qingdao Ge Rui Da Rubber Co., Ltd. / Cooper Tire (China) Investment Co. Ltd. / Cooper (Kunshan) Tire Co., Ltd./ Qingdao Yiyuan Investment Co., Ltd. / Cooper Tire AsiaPacific (Shanghai) Trading Co., Ltd. | 16.76% |
| Jiangsu General Science Technology Co., Ltd. | 16.85% |
| Jiangsu Hankook Tire Co., Ltd. | 16.85% |
| Qingdao Awesome International Trade Co., Ltd | 16.85% |
| Qingdao Doublestar Tire Industrial Co., Ltd. | 16.85% |
| Shandong Haohua Tire Co., Ltd. | 16.85% |
| Shandong Huasheng Rubber Co., Ltd | 16.85% |
| Shandong Kaixuan Rubber Co., Ltd | 16.85% |
| Triangle Tyre Co., Ltd. | 16.85% |
No shipments. Commerce also determined that eight companies for which review was requested didn't have any shipments of subject goods during the review period for which liquidation is suspended, and therefore is ending the administrative review for these companies. The companies are: Chongqing Hankook Tire Co., Ltd.; Guangrao Kaichi Trading Co., Ltd.; Qingdao Fullrun Tyre Corp. Ltd.; Qingdao Honghuasheng Trade Co., Ltd.; Qingdao Kapsen Trade Co., Ltd.; Qingdao Sunfulcess Tyre Co., Ltd.; Shandong Habilead Rubber Co., Ltd.; and Shandong Qilun Rubber Co., Ltd. CV duties for these companies will be assessed at rates equal to the cash deposit rate required at the time of entry, or withdrawal from warehouse, for consumption, during the review period, i.e., calendar year 2020.
(The review period is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2203070045 for a summary of the preliminary results of this administrative review.)