19 Feb 2025
🚗Amended Countervailing Duty Determination for LSPTVs from China
Certain Low Speed Personal Transportation Vehicles From the People's Republic of China: Amended Preliminary Determination of Countervailing Duty Investigation
Summary
The U.S. Department of Commerce (Commerce) is amending the preliminarily affirmative countervailing duty (CVD) determination on certain low speed personal transportation vehicles (LSPTVs) from the People's Republic of China (China) to correct significant ministerial errors.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document details the amended preliminary determination of countervailing duties on low-speed personal transportation vehicles from China, indicating increased subsidy rates that impact financial obligations for businesses importing these vehicles. This directly affects pricing, compliance, and competitive positioning in the market.