Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
Home > News

The United States made a countervailing preliminary ruling on a 12-16.5-inch diameter steel wheel in China

Feb. 21, 2019

On February 15, 2019, the US Department of Commerce announced a countervailing preliminary ruling on a 12-16.5-inch steel wheel (SteelWheels12-16.5InchesinDiameter) imported from China. The preliminary ruling: the mandatory responding company Zhejiang Jingu Company Limited (ZhejiangJinguCompanyLimited) The subsidy rate is 58.30%, Xingmin Intelligent Transportation (Group) Co., Ltd. (XingminIntelligent Transportation Systems (Group)) subsidy rate is 293.27%, and other Chinese producers and exporters subsidy rate is 58.30%. The US Department of Commerce is expected to finalize the case on July 1, 2019. This case involves the United States to harmonize tariff products under 8716.90.5035 and some products under 8716.90.5059.


In the countervailing investigation, the US Department of Commerce ruled that there were emergency cases in China that involved the case in order to circumvent the affirmative anti-subsidy preliminary ruling and export a large number of products involved.


On August 29, 2018, the US Department of Commerce announced a countervailing and anti-dumping investigation against a 12-16.5-inch diameter steel wheel imported from China. On September 21, 2018, the US International Trade Commission (USITC) voted on the initial ruling of anti-dumping and countervailing industries for imports of 12-16.5-inch diameter steel wheels imported from China. According to US statistics, the total US imports of products involved in China in 2017 were about $73.8 million.


Hot Products

CONTACT US
Request a Quote