29 Jan 2025
⚖️Preliminary Determination on Brake Drums Import Pricing from Türkiye
Certain Brake Drums From the Republic of Türkiye: 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 Republic of T[uuml]rkiye (T[uuml]rkiye) are being, or are likely to be, sold in the United States at less than fair value (LTFV). The period of investigation is April 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 indicates that certain brake drums from Türkiye are likely being sold at less than fair value, which could lead to antidumping duties that affect pricing and market competition for U.S. businesses involved in this sector. Companies must prepare for possible duties and compliance requirements.