Search Results for keywords:"truck and bus tires"

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Search Results: keywords:"truck and bus tires"

  • 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.

  • Type:Notice
    Citation:89 FR 102111
    Reading Time:about 14 minutes

    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.