Purin Naruyama (01809) issued an announcement regarding the US Department of Commerce's announcement on November 7, 2023 about imports from Thailand...
According to the Zhitong Finance App, Pulin Chengshan (01809) issued an announcement regarding the US Department of Commerce's announcement on November 7, 2023 to launch an anti-dumping investigation against truck and bus tires imported from Thailand. On November 7, 2023, US time, in response to the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union (the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union) and the American Federation of Labor -In response to a petition filed by the Federation of Industrial Trade Unions (AFL-CIO) and CLC on October 17, 2023, the US Department of Commerce announced the initiation of an anti-dumping investigation against truck and bus tires imported from Thailand. The investigation period for the anti-dumping review is from October 1, 2022 to September 30, 2023. The Group participated in the anti-dumping investigation and submitted a defense as a mandatory respondent.
On May 15, 2024, US time, the US Department of Commerce announced the preliminary ruling on the anti-dumping duty investigation against truck and bus tires imported from Thailand. The preliminary dumping rate applied by Pulin Chengshan Tire (Thailand) Co., Ltd., a wholly-owned subsidiary of the company, was 0%.
The US Department of Commerce's preliminary ruling is subject to change and can only be confirmed after the US Department of Commerce makes a final affirmative ruling (expected to be implemented on July 29, 2024), the US International Trade Commission makes a final affirmative ruling (expected to be confirmed on September 12, 2024), and issues an order (expected to be confirmed on September 19, 2024).