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      Economy

      China objects U.S. trade remedy ruling against Chinese tires

      1
      2015-07-16 14:09Xinhua Editor: Gu Liping

      China's Ministry of Commerce (MOC) on Thursday expressed strong discontent to a final U.S. ruling against certain imported tires of passenger vehicles and trucks from China.

      The U.S. International Trade Commission dismissed the objective fact that the U.S. tire industry is in sound condition and made the affirmative determination to impose punitive duties, the MOC said in an statement on its website.

      In June, the U.S. Department of Commerce adopted multiple unfair and discriminating methods to calculate exorbitant dumping margins and countervailable subsidies, which seriously injured the interests of involved Chinese enterprises, the MOC said.

      The MOC urged the U.S. to strictly comply with international trade rules, prudently use trade remedy measures and adopt responsible attitudes and actions to correct its wrong practices and protect economic relations.

      The U.S Department of Commerce said last month that the tire industry was "materially injured" by imports from China and was expected to issue antidumping and countervailing duty orders on August 3.

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