The U.S. Department of Commerce has completed an expedited review of the countervailing duty (CVD) order on steel wheels from China, which are 12 to 16.5 inches in diameter. They found that removing this order would likely result in the continuation or recurrence of subsidies that are unfair to U.S. producers. This decision is part of the sunset review process, which revisits such orders to decide if they should be continued. The Commerce Department did not receive any significant responses from Chinese manufacturers, leading to this expedited review and conclusion.
Simple Explanation
The U.S. says that if they stop a special rule that makes certain small steel wheels from China more expensive to sell in America, it might be unfair for American wheel makers because China could keep getting help to make these wheels cheaper.