The U.S. Department of Commerce has made a preliminary determination that certain tungsten shot from China is likely being sold in the U.S. at less than fair value. This determination covers the period from January 1, 2024, to June 30, 2024. As a result, U.S. Customs and Border Protection is instructed to suspend liquidation of these products, requiring cash deposits based on calculated dumping margins. Interested parties can comment on this preliminary finding, and the final determination is expected within 135 days.
Simple Explanation
The U.S. government thinks that some special metal balls from China are being sold too cheaply in America, which isn't fair. So, they've asked border workers to keep an eye on this and gather some money when these balls come into the country.