Commerce investigates certain Chinese tire imports

   The U.S. Commerce Department of Commerce has initiated antidumping duty and countervailing duty investigations of imports of certain passenger vehicle and light truck tires from China.
   Dumping occurs when a foreign company sells a product in the United States at less than its fair value, while countervailable subsidies are financial assistance from foreign governments that benefit a country’s exports.
   The petitioner for these investigations is the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union.
   In 2013, imports of passenger vehicle and light truck tires from China were valued at an estimated $2.1 billion.