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VietNamNews

US announces preliminary determination on Vietnamese passenger vehicle tyres

Update: January, 11/2021 - 16:19

 

The result would benefit Vietnamese exporters as their counterparts have to suffer from high rates in the US’s preliminary determinations. — VNA/VNS Photo

HÀ NỘI — Some Vietnamese exporters of tyres have been hit with a 22.3 per cent anti-dumping duty in the US, according to the Ministry of Industry and Trade.

The US Department of Commerce (DOC) recently announced preliminary determinations in the anti-dumping investigations of passenger vehicle tyres from certain countries, including Việt Nam.

The ministry said the determination was a positive result as the other exporters not subject to anti-dumping duties account for more than 95.5 per cent of Vietnamese tyre exports to the US.

Those that were hit with a 22.3 per cent anti-dumping duty had not shown co-operation with the investigation agency, the ministry said.

The result would benefit Vietnamese exporters as their counterparts have to suffer from high rates in the US’s preliminary determinations, from 13.25 to 98.44 per cent, it added.

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

The Trade Remedy Authority of Việt Nam, therefore, urged tyre producers and exporters to continue their close co-ordination with the investigation agency. — VNS

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