10 Feb 2025
🏭Countervailing Duty Determination for Brazilian Steel Products
Certain Corrosion-Resistant Steel Products From Brazil: Preliminary Affirmative Countervailing Duty Determination, and Alignment of Final Determination With Final Antidumping Duty Determination
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to producers and exporters of certain corrosion-resistant steel products (CORE) from Brazil during the period of investigation, January 1, 2023, through December 31, 2023. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The content outlines a preliminary determination of countervailable subsidies for corrosion-resistant steel products from Brazil, which may impact U.S. producers through unfair competition and resulting tariff implications. Companies need to comply with potential new countervailing duties and monitor market conditions.