On April 9, U.S. time, the U.S. Department of Commerce issued the final results of the eighth anti-subsidy administrative review of non-road tires for China (OTR tires).
They said that after reviewing the non-road tires exported to the United States in 2015 by Guizhou Tyre Co., Ltd., it ruled that the company's subsidy tax rate was 31.49%.
In October 2017, this tax rate was determined to be 39.1%.
At the same time, Xuzhou Xuzhou Rubber Co., Ltd.'s penalty rate was ruled at 91.94% and remained unchanged.
According to the results of the final review of the new round of administrative review, the rate of subsidies for other Chinese tire companies is also 31.49%.