Preliminary Determination in Countervailing Duty Investigation of Passenger Vehicle and Light Truck Tires from Vietnam
On November 4, 2020, the Department of Commerce (Commerce) announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of passenger vehicle and light truck (PVLT) tires from Vietnam.
| Country | Producer | Subsidy Rates |
|---|---|---|
| Vietnam | Kumho Tires (Vietnam) Co., Ltd. | 10.08% |
| Sailun (Vietnam) Co., Ltd. | 6.23% | |
| All Others | 6.77% |
| Event | CVD Investigation |
|---|---|
| Petition Filed | May 13, 2020 |
| DOC Initiation Date | June 22, 2020 |
| ITC Preliminary Determination | July 17, 2020 |
| DOC Preliminary Determination | October 30, 2020 |
| DOC Final Determination | March 15, 2021 |
| ITC Final Determination | April 29, 2021 |
| Issuance of Order [1] | May 6, 2021 |
[1] This will take place only in the event of affirmative final determinations from Commerce and the ITC
Note: Commerce preliminary and final determination deadlines are governed by statute. For CVD investigations, the deadlines are set forth in sections 703(b) and 705(a) of the Act.
| Country | Volume/Value | 2017 | 2018 | 2019 |
|---|---|---|---|---|
| Vietnam | Volume (Number of tires) | 8,742,260 | 10,634,376 | 12,146,735 |
| Value (USD) | $350,831,799 | $411,428,812 | $469,640,019 |
Source: U.S. Census Bureau, accessed through Global Trade Atlas (Harmonized Tariff Schedule of the United States subheadings 4011.10.1010, 4011.10.1020, 4011.10.1030, 4011.10.1040, 4011.10.1050, 4011.10.1060, 4011.10.1070, 4011.10.5000, 4011.20.1005, and 4011.20.5010).
The petitioner is the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC (Pittsburgh, PA).
For general information and next steps, please refer to a list of preliminary FAQs.
Additional case information including the scope of the investigation are on file electronically via Enforcement and Compliance’s Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS). Once you log in, please refer to case number: C-552-829.
To date, Commerce maintains 540 AD and CVD orders which provide relief to American companies and industries impacted by unfair trade.
Since the beginning of the Trump Administration, Commerce has initiated 297 new AD and CVD investigations - this is a 271 percent increase from the comparable period in the previous administration.