US probing tyre imports from South Korea, Thailand, Taiwan, Vietnam

WASHINGTON (Reuters): The US Commerce Department said on Tuesday (June 23) it had opened investigations into vehicle tyre imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the tyres are being sold at less than fair value.

The department said it was also investigating whether tyre producers in Vietnam were receiving unfair subsidies for passenger vehicle and light truck (PVLT) tyres.