The United States International Trade Commission has started investigations to see if certain imports from China, specifically R-125 (Pentafluoroethane), are harming U.S. industries by being sold at unfairly low prices and subsidized by the Chinese government. These investigations are based on a petition by Honeywell International, Inc. If no delays occur, a preliminary decision is expected by February 26, 2021. The Commission is conducting its staff conference via video conferencing due to COVID-19 and will accept only electronic filings.
Simple Explanation
The U.S. government is checking if special stuff from China, used in air conditioners, is being sold too cheaply in America, making it hard for local companies to compete. They want to make sure everything is fair and will decide if something needs to be done by the end of February 2021.