·The beauty of the Chinese dance "double anti-" big stick hurts others

The US Department of Commerce issued preliminary judgments on anti-dumping of passenger and light truck tires in China, and found that there was dumping of tires from China to the United States. The dumping margin ranged from 19.17% to 87.99%. At the same time, the US Department of Commerce announced the effective initial ruling rate for dumping and subsidies. The mandatory responding enterprises Jiatong and the racing wheel obtained the dumping tax rate of 19.17% and 36.26% respectively. Other companies receive separate tax rates and national tax rates.

At the same time, in this ruling, the US Department of Commerce continued the policy of not giving Chinese state-owned enterprises a separate tax rate in the past two years, and refused to grant six state-owned enterprises a separate tax rate. At the same time, it refused to give 11 companies that failed to prove that they were not controlled by the government to dump separate tax rates; refused to give four companies that did not ship during the investigation period to separate rates, which were obtained because their respective tax rate applications were rejected. 87.99% of the dumping national tax rate.

To put it bluntly, the US move is a discriminatory act against China's tire industry and is a pure trade protection. In particular, the United States ignores the relevant rulings of the WTO and still insists on unreasonable practices and refuses to give the tax rate treatment to the tire companies in China. This is very unfair to China's tire export enterprises. In fact, there are many flaws in the preliminary ruling of the double-reverse case: First, there is no American tire company in this lawsuit, but it is initiated by the trade union; second, the damage is actually determined to be exported in China. During the period, the US tire companies were in a profitable situation and did not affect the US industry. The US International Trade Determination Board also barely gave the conclusion of “the threat of damage”. This is somewhat far-fetched and it is suspected of being “not necessary”.

In my opinion, the US side will harm others, and the Chinese tire industry, the US retail industry and consumers will suffer huge losses. As we all know, exports are the main way to digest our tires. In recent years, the proportion has remained at around 45% to 50%. In many overseas markets, the United States is one of the largest markets for the export of tire products in China, once the high tax rate begins. Implementation, China will have a large number of tires can not enter the US market, will affect the employment of tens of thousands of workers in China. What is even more worrying is that due to the rapid expansion of these years, China's tire industry has a serious overcapacity. It can only rely on the price of vicious competition for export. The domestic market can't keep up with the speed of tire production. Once the export is restricted, the overcapacity The situation will worsen and bring disaster to the industry. On the other hand, rubber, carbon black, tar and other products in the upstream industry chain of tires will also have different levels of product backlog and sales difficulties.

In addition, the US move will also harm the interests of US distributors and consumers. In fact, China's export tires are mainly sold in the low-end retail market in the United States, and they do not constitute direct competition. The depression of the US tire industry has a long history. This is because its industry is in a period of structural adjustment, if it imposes high on Chinese tire companies. Foreclosures, forcibly reducing imports from China, will only force US distributors to choose similar products from other countries. This will not only help to retain jobs in the US tire industry, but will also harm the vital interests of US distributors and consumers. It’s really “harming people, not getting lost.”

According to the US procedures, the US Department of Commerce and the International Trade Commission will finalize the above investigations in June and July of this year. The author believes that Chinese tire companies should unite, actively respond to the lawsuit and strive for better results; and hope that the Chinese government will take countermeasures to effectively protect the legitimate rights and interests of the domestic tire industry.

What the author is worried about is that after the US imposes high tariffs on Chinese tire companies, domestic companies will turn to Europe to digest production capacity and strengthen trade with Europe. In accordance with established practice, in order to stabilize the domestic economy, the EU may follow the US double-reverse investigation of tires imported from China. This will inevitably set off a new round of crazy resistance to China's tires. Under the pressure of "double opposition", the reshuffling of China's automobile tire industry chain will be inevitable.

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