Decreasing due to trade tensions and additional tariffs
Special Rates
Additional Tariff
25%
Applicable under Section 301 retaliatory tariffs on certain U.S. goods due to ongoing U.S.-China trade tensions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes New Tariffs on Chinese Tires for Rims Over 40.6 cm
The U.S. Department of Commerce announced additional tariffs on Chinese-made tires classified under HS Code for rims measuring 40.6 cm or more in diameter, citing unfair trade practices and dumping concerns.
2023-10-15
Impact: This is likely to increase costs for U.S. importers and may reduce the volume of tire imports from China, pushing buyers to seek alternative suppliers.
China Responds to U.S. Tire Tariffs with WTO Complaint
China filed a formal complaint with the World Trade Organization (WTO) against the recent U.S. tariffs on tires for rims over 40.6 cm, arguing that the measures violate international trade agreements.
2023-10-20
Impact: This could escalate trade tensions between the two nations, potentially leading to retaliatory measures from China on U.S. exports.
U.S. Tire Manufacturers Support Tariff Measures on Chinese Imports
Domestic U.S. tire producers have expressed support for the tariffs on Chinese tires for larger rims, stating that it levels the playing field and protects local jobs.
2023-10-25
Impact: The tariffs may boost domestic tire production in the U.S., though consumers could face higher prices due to reduced competition.
Policy Updates
U.S. Tariff Increase on HS Code Tires
The U.S. government implemented a 25% tariff increase on tires for rims measuring 40.6 cm or more in diameter imported from China, effective immediately, under Section 301 of the Trade Act of 1974.
Date: 2023-10-10
China’s Export Subsidy Review for Tire Industry
China announced a review of export subsidies for tire manufacturers producing products for rims over 40.6 cm, in response to international pressure and ongoing trade disputes with the U.S.
