Following an antidumping investigation on the imports of new tyres with a diameter of 13 to 22 inches from the People’s Republic of China, Mexico has announced a range of antidumping duties to be levied against tyres originating from the country.
Duties to Range from 5.18% to 32.24%
The investigation, which began on April 5th 2023, was requested by the Mexican subsidiaries of Bridgestone, Continental and Michelin as well as Compañía Hulera Tornel, and relate to the potentially unfair trading practices of the importers of passenger and light truck tyres originating from the People’s Republic of China.
In its ruling, the Finance Ministry of Mexico explained pricing levels of the imported tyres had forced the companies who had requested the investigation to mirror their pricing behaviour, thus impacting their market share and profitability, before concluding that the imports would continue to increase and damage the local market.
The ruling has stipulated that the import duties effective from October 1st will range from 5.18% to 32.24%, and will be applied accordingly:
- 37% on imports from Shandong Linglong
- 16% on imports from Shandong Changfeng Tires
- 24% on imports from Wanli Tire
- 18% on imports from Zodo Tire. and 11.55% on imports from Shandong Haohua Tire
- 82% on imports from Zhongyi Rubber, Shandong Fengyuan Tire Manufacturing, Shouguang Firemax Tire, Qingdao Nexen Tire, Prinx Chengshan (Shandong) Tire, Giti Tire (Fujian), Yuanxin Tire, Shandong New Continent, Shandong Yongfeng Tires, Giti Radial Tire (Anhui), Shaanxi Yanchang Petroleum Group, Shandong Yongsheng Rubber Group, Kenda Rubber (China), Shandong Wanda Boto, Tercelo Tire, Sichuan Tire & Rubber, Anhui Jichi Tire, Shandong Changlu Hong Tire, Triangle Tire, Jiangsu Hankook Tire, Shandong Province Sanli Tire Manufacture, Qingzhou Rydanz Rubber, Qingdao Doublestar Tire Industrial, Kenda Rubber (Tianjin), Shan Dong Lu Tai Rubber and Hankook Tire China
- 24% on imports from Zhaoqing Junhong, Chongqing Hankook Tire and the other production-export companies that did not appear in this procedure
