Type:Notice
Citation:89 FR 97069
Reading Time:about a minute or two
The United States International Trade Commission (USITC) concluded that truck and bus tire imports from Thailand are harming the U.S. industry. These products were imported at prices lower than their fair value, as determined by the U.S. Department of Commerce. This investigation began after receiving a petition from a union and was completed with a hearing held in October 2024. The Commission's decision and findings are documented in their publication issued in December 2024.
Simple Explanation
The USITC found that tires for trucks and buses from Thailand were sold in the U.S. cheaper than they should be, which is bad for American companies making similar tires. They haven't said yet what they will do about it.