The U.S. Department of Commerce has initiated an investigation into whether pentafluoroethane (R-125) imported from China is being sold in the United States at less than fair value, potentially harming the domestic industry. Honeywell International, Inc., the sole U.S. producer of R-125, brought the petition, and Commerce has found sufficient industry support to proceed. The investigation will focus on imports between July and December 2020, using a combination of U.S. price and factors of production from a similar market, Russia, to assess fair value. Stakeholders are given deadlines to submit comments on product characteristics, scope, and other relevant information.
Simple Explanation
The U.S. Department of Commerce is checking if a gas from China, called R-125, is being sold in America for a lower price than it should be, which might hurt the companies in America that make it. They are asking people to tell them what they think about it.