The U.S. Department of Commerce concluded that dioctyl terephthalate (DOTP) from Malaysia is sold in the U.S. at prices lower than its fair value. This investigation covers sales from January 1, 2023, to December 31, 2023. The department will continue suspending liquidation and will notify the U.S. International Trade Commission about their findings to determine if U.S. industries are harmed by these imports. If harm is confirmed, antidumping duties will be set; if not, the case will be closed, and cash deposits refunded.
Simple Explanation
The U.S. Department of Commerce found that a special plastic ingredient from Malaysia is being sold in America for less money than it's worth, which might hurt American businesses. They're checking if this causes problems for U.S. companies, and if it does, they'll make sure the sellers have to pay extra money, like a fine, to fix things.