Thailand Truck and Bus Tires: Prelim AD Cash Deposit Rates Take Effect
The Commerce Department made a preliminary affirmative antidumping determination that truck and bus tires from Thailand (A-549-848) are being sold in the U.S. at less than fair value. The agency will impose antidumping duty cash requirements on entries of subject merchandise beginning May 20, the date this preliminary determination is scheduled to be published in the Federal Register.
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Commerce calculated a zero percent AD rate for one exporter, Prinx Chengshan Tire (Thailand). Prinx won't be subject to suspension of liquidation or cash deposit requirements until further notice. If Commerce continues to set a zero rate for Prinx (or any other exporters) in its final determination, any merchandise both produced and exported by Prinx (or any other company with a zero rate) will be exempt from any AD order issued in connection with this investigation.
​AD Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, for consumption on or after May 20, and require AD cash deposits as follows:
| Exporter/Producer | AD Rate |
|---|---|
| Bridgestone Corp. | 2.35% |
| Prinx Chengshan Tire (Thailand) Co., Ltd. | zero |
| All Others | 2.35% |
(The period of investigation is 10/01/22 - 09/30/23. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, detailed cash deposit instructions, etc. See 2311130026 for a summary of initiation of this investigation.)