30 Jan 2025
⚖️Preliminary Determination on Low Speed Vehicles from China
Certain Low Speed Personal Transportation Vehicles From the People's Republic of China: Preliminary Affirmative Determination of Sale at Less-Than-Fair-Value Investigation, Preliminary Affirmative Determination of Critical Circumstances, Postponement of Final Determination and Extension of Provisional Measures
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that certain low speed personal transportation vehicles (LSPTVs) from the People's Republic of China (China) are being, or are likely to be, sold in the United States at less than fair value (LTFV). The period of investigation (POI) is October 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 LSPTVs from China may be sold in the U.S. at less-than-fair value, resulting in potential tariffs affecting pricing and profitability for affected businesses. Compliance with new tariffs and regulations will be necessary for importers.