Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

WASHINGTON (Reuters) - A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may evaded U.S. tariffs, according to letters seen by Reuters on Friday.



Representative John Moolenaar, a Republican chairs a House panel on China and the committee's top Democrat Raja Krishnamoorthi along with other lawmakers asked AutoZone (NYSE:AZO ), O’Reilly Auto Parts, Genuine Parts, Advance Auto Parts (NYSE:AAP ), First Brands Group, and Factory Motor Parts to address concerns they are purchasing parts from China's Qingdao Sunsong and its U.S. based subsidiary.

The lawmakers -- which also include Senators Sherrod Brown, a Democrat and Republican Bill Cassidy -- raised concerns Qingdao may be illegally transshipping Chinese products through Thailand into the United States to evade U.S. customs duties.

Source: Investing.com