A few days ago, the news that the US suspends countervailing duties on Chinese passengers and light trucks has caused strong concern in the domestic tire industry. The investigation of the "double reverse" in the United States has not ended yet. What do you mean by suspending the collection of countervailing duties? What does this mean for Chinese tire exports? At the 2015 China Rubber Annual Conference recently held, the Secretary-General of China Rubber Industry Association Xu Wenying clarified to reporters: “After the news was released, many people misunderstood. In fact, this is just a policy window period and it is not a future anti-subsidy. Taxes." At the seminar on countering international trade friction held on the same day, Yang Chen, a senior partner of the Beijing Jincheng Tongda Law Firm, a member of the United States Tire Double Opposition Law Firm's Chinese Corporate Lawyers Group, answered the reporter’s questions in more detail. . According to its introduction, because the United States implements a retroactive taxation system, during the “double counter†investigation, the United States will impose a temporary deposit, and according to the provisions of the WTO’s “subsidy agreement,†temporary measures for countervailing shall not exceed four months. Therefore, from April 1st to July 26th, 2015 (ITC's estimated time for the final results announcement), the United States only imposed anti-dumping guarantees on tire products imported from China. According to Yang Chen’s “Original Survey of Retirement of Passenger Vehicles and Light Truck Tires†and “Review Schedule for Calculating the Tire of Passenger Cars and Light Truck Tires,†starting from January 20, 2015 on the date of the initial announcement of anti-dumping and ending on July 26, 2015, In the end, the "double reverse" deposit is subject to the principle of "multiple return, less pay and no compensation". Yang Chen told reporters that this means that from April 1st to July 26th, 2015 is a window period, as long as they can accept the initial anti-dumping rate, the Chinese tire companies involved in the case can export a large number of tires without worrying about being levied countervailing bond.
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Tire countervailing duty suspended tire exports ushered in window period