📦Preliminary Results of Countervailing Duty Review on Corrosion Inhibitors
Certain Corrosion Inhibitors From the People's Republic of China: Preliminary Results and Partial Rescission of Countervailing Duty Administrative Review; 2023
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies were provided to producers and exporters of certain corrosion inhibitors (corrosion inhibitors) from the People's Republic of China (China). The period of review (POR) is January 1, 2023, through December 31, 2023. In addition, Commerce is rescinding this review, in part, with respect to five companies. Interested parties are invited to comment on these preliminary results.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The text outlines preliminary results of a countervailing duty review that could lead to new financial obligations for affected businesses, particularly operators importing corrosion inhibitors from China. It specifies preliminary subsidy rates that directly impact non-selected companies as well as potential cash deposit requirements.