Pirelli Tyre Co. Upheld to Pay Antidumping Duty Due to Chinese Control
Pirelli Tyre Co. is mandated to pay an antidumping duty as it failed to prove independence from the Chinese government. The US Court of Appeals confirmed that substantial evidence supported the Department of Commerce’s findings regarding the company’s ties to the People’s Republic of China, reaffirming prior rulings.
Pirelli Tyre Co. has been ordered to pay an antidumping duty after it was unable to persuade a federal appeals court of its independence from the Chinese government. Judge Richard G. Taranto stated that the Department of Commerce’s findings were supported by “substantial evidence” demonstrating that the People’s Republic of China effectively controlled Pirelli’s operations. The judge reaffirmed the ruling that Commerce’s determination was based on more than mere assumptions of state control, highlighting the comprehensive nature of their analysis.
In summary, Pirelli Tyre Co. faces an antidumping duty due to its insufficient demonstration of independence from Chinese government control. The ruling by the US Court of Appeals for the Federal Circuit reinforces the Department of Commerce’s findings, which are rooted in substantial evidence. This case underscores the complexities of international trade regulations and the dependencies that can impact companies operating from China.
Original Source: news.bloomberglaw.com
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