The United States International Trade Commission (USITC) has found that imports of temporary steel fencing from China may be harming the U.S. industry because they are being sold at unfairly low prices and subsidized by the Chinese government. As a result, the USITC is moving forward with final phase investigations under the Tariff Act of 1930. The investigations were initiated after ZND US Inc. filed complaints on January 15, 2025, leading to separate inquiries into potential countervailing and antidumping duties. The USITC held a public conference on February 5, 2025, allowing participation from interested parties.
Simple Explanation
The US government thinks that the temporary steel fences from China are being sold too cheaply in the U.S., which might be hurting American companies. So, they are looking into it closely to see if China is unfairly helping its companies sell these fences cheaply.