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U.S. issues affirmative preliminary determination in CVD of imports of China's steel wheels
2019-02-20 17:43:57 【Print】
On February 15, 2019, the U.S. Department of Commerce (Commerce) issued its affirmative preliminary determination in countervailing duty (CVD) investigation of imports of China's steel wheels 12 to 16.5 inches in diameter, assigning a preliminary subsidy rate of 58.30% for the mandatory respondent Zhejiang Jingu Company Limited, 293.27% for the mandatory respondent Xingmin Intelligent Transportation Systems (Group) and 58.30% for all other Chinese producers and exporters. The Commerce will make the final determination on July 1, 2019. Involved products were under HTSUS Tariff codes 8716.90.5035 and 8716.90.5059.
In the CVD investigation, the Commerce found that critical circumstances with regard to imports of abovementioned steel wheels from China existed for above Chinese enterprises in order to evade the affirmative preliminary determination in CVD.
On August 29, 2018, the Commerce announced the initiation of anti-dumping duty (AD) investigation and CVD investigation. On September 21, 2018, the USITC made preliminary industry injury determinations in AD and CVD on imports of China's steel wheels 12 to 16.5 inches in diameter via voting. U.S. imports of China's steel wheels 12 to 16.5 inches in diameter were valued at an estimated USD73.8 million in 2017.
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In the CVD investigation, the Commerce found that critical circumstances with regard to imports of abovementioned steel wheels from China existed for above Chinese enterprises in order to evade the affirmative preliminary determination in CVD.
On August 29, 2018, the Commerce announced the initiation of anti-dumping duty (AD) investigation and CVD investigation. On September 21, 2018, the USITC made preliminary industry injury determinations in AD and CVD on imports of China's steel wheels 12 to 16.5 inches in diameter via voting. U.S. imports of China's steel wheels 12 to 16.5 inches in diameter were valued at an estimated USD73.8 million in 2017.
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