The United States International Trade Commission (USITC) has started an investigation into antidumping concerns related to methylene diphenyl diisocyanate (MDI) imported from China. These imports are believed to be sold below fair market value, potentially harming U.S. industries. The investigation was prompted by a petition from the MDI Fair Trade Coalition and aims to determine if these imports cause material injury to U.S. industry. A preliminary determination must be made by March 31, 2025, with subsequent findings reported to the Department of Commerce by April 7, 2025.
Simple Explanation
The US is checking if a kind of chemical from China is being sold for too cheap here, which might hurt companies in America. They need to decide by March 31, 2025, if this is true and tell their findings by April 7, 2025.