Hankook and Nexen Tires Hit with Preliminary U.S. Dumping Duties
Published Date: 1/8/2026
Notice
Summary
The U.S. Department of Commerce found that two Korean tire makers, Hankook and Nexen, sold passenger and light truck tires in the U.S. at prices lower than normal from July 2023 to June 2024. This means they might have to pay extra duties to level the playing field. The review results are preliminary, and people can share their thoughts before final decisions come out.
Analyzed Economic Effects
4 provisions identified: 0 benefits, 4 costs, 0 mixed.
Reimbursement Certificate Requirement — Risk of Double Duties
Importers must file a certificate about reimbursement of antidumping duties prior to liquidation under 19 CFR 351.402(f)(2). If an importer fails to file this certificate, Commerce may presume reimbursement occurred and assess double antidumping duties on the entries.
Preliminary Dumping Margins Announced
Commerce preliminarily found that Hankook had a 9.10% dumping margin, Nexen had a 5.57% margin, and Kumho was assigned a 7.34% margin for sales during July 1, 2023 through June 30, 2024. These are preliminary rates announced on January 8, 2026 and may form the basis for duties if finalized.
Antidumping Duties To Be Assessed
If the final results confirm non-de minimis margins, Commerce will assess antidumping duties on appropriate entries from the period July 1, 2023 through June 30, 2024. Importer-specific assessment rates will be calculated using the ratio of the total amount of dumping to the total entered value of examined sales, in accordance with 19 CFR 351.212(b)(1).
Cash Deposit Rates After Final Results
When Commerce publishes the final results, cash deposit requirements for shipments entered on or after that publication date will change. The all-others cash deposit rate will remain 21.74 percent, exporters listed will have the rate established in the final results, and previously reviewed companies will keep their most recently published company-specific rate.
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