A spokesperson for the U.S. International Trade Commission (ITC) says the commission's investigation into whether Chinese tire imports are causing a disruption in the U.S. market is classified as a "safeguard investigation," not a product dumping investigation.
The ITC held hearings yesterday, June 2, involving representatives from both the United Steelworkers and various tire companies that sell and/or import consumer tires from China. Several senators and congressmen also testified before the commission. (For more information, see U.S. International Trade Commission hears Chinese tire case, posted earlier today, June 3.)
Safeguard investigations can result in "relief put in place to allow U.S. industry to adjust to competition," the spokesperson told www.moderntiredealer.com.
Moving forward, the ITC will make a determination if imports are disrupting the market. If the determination is affirmative, an official recommendation will be made to President Obama. If a negative determination is made, the process will end, says the spokesperson.
