US producers ask for investigation on Vietnamese tyres

Tuesday, May 19, 2020 18:11

Illustration photo. Some US producers asked DOC to investigate tyres imported from Viet Nam. — Photo baophapluat.vn

The US Department of Commerce (DOC) has received a petition for anti-dumping investigation on imports of passenger vehicle and light truck (PVLT) tyres from South Korea, Taiwan, Thailand, and Viet Nam.

The petitioners accused the tyre firms of dumping and subsidising into the US market, causing significant damage to their domestic manufacturing industry.

Under US regulations, DOC will consider initiating an investigation of the case within 20 days after receiving it.

During this time, the Vietnamese Ministry of Industry and Trade will exchange and consult with the DOC to clarify contents in the petitions as well as provide information for the DOC to accurately assess before deciding whether to initiate an investigation or not.

In case the DOC decides to initiate an investigation, the ministry will closely co-ordinate with export associations and enterprises in the investigation process and support to protect rights and interests of Vietnamese enterprises. — VNS

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