The U.S. Department of Commerce has issued an antidumping duty order on truck and bus tires imported from Thailand. This decision comes after the department and the U.S. International Trade Commission both concluded that these imports were sold in the U.S. at less than fair value, resulting in harm to U.S. industry. Consequently, U.S. Customs and Border Protection will impose duties on these tires based on the difference between their normal value and export price. The Commerce Department will maintain a list for annual inquiries and provide instructions to ensure continued compliance with this order.
Simple Explanation
The U.S. government found out that Thailand was selling bus and truck tires really cheap in America, which wasn't fair to American tire makers. So, now they will make Thailand pay extra money when they sell these tires here to make sure everything is fair.