On December 22, the US Department of Commerce announced the results of the revised preliminary tax rate for countervailing duty from China's passenger and light truck tires (PVLT). Earlier, the US Department of Commerce partially accepted the arguments of Jiatong Tire (Fujian) Co., Ltd. for the countervailing duty rate.

After calculation, the US Department of Commerce ruled that the countervailing duty rate of Jiatong Tire (Fujian) Co., Ltd. was reduced to 11.74%, and the original tax rate was 17.69%; the other tax rates remained unchanged. . As a result, the general countervailing duty rate for Chinese tires has been reduced to 12.03%.

The US Department of Commerce will then publish the revised results on the Federal Register.

Exporter Revised countervailing duty investigation preliminary tax rate
 
Mandatory responding company: Jiatong Tire (Fujian) Co., Ltd. 		11.74%;
Mandatory responding company: Cooper Tire (Kunshan) Co., Ltd.) 12.50%
Universal countervailing duty rate / national uniform tax rate 12.03%
Shandong Yongsheng Rubber Group Co., Ltd. / Maximum tax rate (punitive tax rate) 81.29%

Product&Medium

Air-Oil Cooler,Air-Water Cooler,Air-Air Cooler,Water Radiator

Xinxiang Zhenhua Radiator Co., Ltd. , http://www.thermictransfer.com