US makes initial determination, says Chinese steel wheels subsidized
Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent.
- Country:
- China
- United States
The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and it would impose duties on the product.
"As a result of today's decision, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of certain steel wheels from China based on these preliminary rates," the department said in a statement.
It said the value of U.S. imports of steel wheels from China in 2017 was estimated at $388 million.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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