The Department of Commerce has issued countervailing duty orders for forged steel fluid end blocks (FEBs) from China, Germany, India, and Italy. These orders come after findings that U.S. industries were harmed by subsidized imports from these countries. An earlier determination regarding FEBs from China was amended to correct errors, slightly lowering some subsidy rates. As a result, U.S. Customs and Border Protection will now assess duties on affected imports dating back to May 2020.
Simple Explanation
The government decided to make certain metal parts coming from China, Germany, India, and Italy more expensive by adding extra fees because those countries were helping their companies in ways that were unfair to American businesses. They also fixed a small mistake in the rules for the metal parts from China to make sure everything was correct.