Vietnam Tires Face New U.S. Duty Review
Published Date: 6/23/2026
Notice
Summary
The U.S. Department of Commerce found that tire makers in Vietnam got unfair government help during 2024, which could mean extra taxes on their passenger vehicle and light truck tires. This affects companies like Kenda and Kumho Tires and could change how much import duty they pay. The review results came out June 23, 2026, and folks can still share their thoughts before final decisions.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Preliminary Countervailing Rates Set
Commerce preliminarily found countervailable subsidies for passenger vehicle and light truck tires from Vietnam for the period January 1, 2024 through December 31, 2024 and calculated company-specific net countervailable subsidy rates of 3.01% for Kenda Rubber (Vietnam) Co., Ltd. and 5.84% for Kumho Tire (Vietnam) Co., Ltd. These preliminary rates could lead to additional countervailing duties on imports of those companies' tires.
Cash Deposit Rules and All-Others Rate
Commerce intends to require cash deposits of estimated countervailing duties for shipments entered or withdrawn for consumption on or after the date of publication of the final results of this review. Company-specific cash deposit rates will equal the final company-specific subsidy rates except that rates under 0.50% are de minimis and will be zero; when producer and exporter rates both exist, the higher rate applies; and the cash deposit rate for all other producers and exporters remains 6.46%.
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