Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
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The United States made a countervailing preliminary ruling on China Steel's wheels

Sep. 05, 2018

On August 27, 2018, the US Department of Commerce announced a countervailing preliminary ruling on steel wheels (SteelWheels) imported from China. Preliminary ruling: the subsidy rate of Xiamen Sunrise Group Group Co., Ltd. (XiamenSunriseWheel Group Co., Ltd.) is 58.75%, Zhejiang Jingu Company Limited (Zhejiang Jingu Company Limited) and ShanghaiYata Industry Company Limited subsidy rate is 172.51%, other Chinese manufacturers and exports The subsidy rate of the business is 58.75%. The US Department of Commerce is expected to finalize the case on January 8, 2019. This case involves the United States under the tariffs of 8708.70.4530, 8708.70.4560, 8708.70.6030, 8708.70.6060, 8716.90.5045 and 8716.90.5059 and the tax numbers 4011.20.1015, 4011.20.5020 and 8708.99.4850 Some of the products.


On April 17, 2018, in response to an application filed by Accuride Corporation and MaxionWheels Akron, LLC on March 27, 2018, the US Department of Commerce announced the initiation of anti-dumping and countervailing investigations on steel wheels imported from China. On May 10, 2018, the US International Trade Commission voted to make preliminary rulings on anti-dumping and countervailing industries for steel wheels imported from China. According to US statistics, in 2017, China exported about 388 million US dollars of products to the United States.


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