đŸ“ˆPreliminary Determination on Brake Drums from China - 2025
Certain Brake Drums From the People's Republic of China: Preliminary Affirmative Determination of Sales at Less Than Fair Value, Postponement of Final Determination and Extension of Provisional Measures
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that certain brake drums from the People's Republic of China (China) are being, or are likely to be, sold in the United States at less than fair value (LTFV). The period of investigation (POI) is October 1, 2023, through March 31, 2024. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The preliminary determination of certain brake drums from China being sold at less than fair value has significant implications for U.S. trade regulations and compliance. It may lead to increased costs for American companies importing these goods and affect pricing strategies. The requirement for cash deposits, as outlined, directly impacts financial planning for businesses involved in these transactions.