The U.S. Department of Commerce has preliminarily determined that certain brake drums from Türkiye are benefiting from countervailable subsidies. This investigation covers the period from January 1, 2023, to December 31, 2023. Commerce is aligning the final determination of these subsidies with an ongoing antidumping investigation of the same product, with the final decision expected by April 8, 2025. Interested parties can comment on this preliminary decision, and if the final determination confirms subsidies, the International Trade Commission will decide if these imports harm U.S. industry.
Simple Explanation
The U.S. government thinks some companies in Türkiye that make brake parts got unfair help from their government, so they’re checking to see if that’s true. They’re also trying to figure out if these parts are being sold for less money in the U.S. than they should be, and they’ll make a big decision about it all in April 2025.