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China regret about US decision on vehicle tires
(Xinhua)
Updated: 2009-06-20 10:35
China is "deeply regret" about the affirmative determination made by the US International Trade Commission (ITC) on safeguard investigation involving certain passenger vehicles and light truck tires from China, a government spokesman said Friday. ITC said Thursday it found certain passenger vehicles and light truck tires from China are being imported to the United States in such increased quantities or under such conditions as to cause or threaten to cause market disruption to the domestic producers of like or competitive products.
"We have noted the US tire makers did not claim such disruptions," said Yao. The US Tire Industry Association, which representing all segments of the tire industry, also opposed to limit Chinese tire imports, he added. China hopes the US authority could consider the overall interests of the two sides and think twice before the final rule, he said. As a result of the affirmative determination, ITC will consider the issue of remedy, and send its report to the US President and the US Trade Representative by July 9. (For more biz stories, please visit Industries)
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