The Department of Commerce has issued a countervailing duty order on prestressed concrete steel wire strand (PC strand) from Turkey. This decision is based on positive determinations by the Department and the International Trade Commission that these subsidized imports harm U.S. industry. Consequently, countervailing duties will be imposed on certain imports entering the United States from September 21, 2020. Cash deposits will be required to enforce these duties until further notice, with specific provisions for provisional measures.
Simple Explanation
The United States is putting extra taxes on some steel cables from Turkey because they found out these cables are getting help from the Turkish government, which is making it hard for American companies to compete.