CIT Won't Lift Deposits On Chinese Tire Imports

Law360, New York (October 6, 2010, 2:37 PM EDT) -- A federal judge has rejected a pair of Chinese tire manufacturers' request to lift cash deposit requirements imposed by the U.S. Department of Commerce on the companies’ imported off-road tires, pending the government's appeal of a judgment exempting the companies from countervailing duties.

Judge Jane Restani of the U.S. Court of International Trade ruled Friday that Hebei Starbright Tire Co. Ltd. and Tianjin United Tire & Rubber International Co. Ltd. should not be relieved of the requirements, even though the CIT has told Commerce to remove...
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