10 Feb 2025
🏭Preliminary Countervailing Duty on Steel Products from Mexico
Certain Corrosion-Resistant Steel Products From Mexico: 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 Mexico. The period of investigation is 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 text outlines a preliminary determination of countervailing duties on corrosion-resistant steel products from Mexico. This could affect business owners in related industries by increasing costs and influencing import decisions. The countervailing duty may impose significant financial burdens on U.S. companies sourcing these products.