On July 11, 2024, the US Department of Commerce announced that, at the request of the US company Webb Wheel Products, Inc., it initiated anti - dumping and counter - vailing duty investigations on brake drums imported from China and Turkey. This case involves products under US Customs Codes 8708.30.5020 and 8708.30.5090.
This anti - dumping and counter - vailing duty investigation started on June 20, 2024, when Webb Wheel Products, Inc. submitted an investigation application to the US Department of Commerce, claiming that brake drums from China and Turkey were being dumped and subsidized, harming the interests of the US domestic industry. According to US statistics, in 2023, the value of the涉案 products imported from China by the US was approximately $520 million, and that from Turkey was approximately $48.3 million.
The brake drum products involved in this investigation are classified under the following US Customs Codes:
If the preliminary ruling results confirm the existence of dumping and subsidy behaviors, the US Department of Commerce will take temporary measures and impose temporary anti - dumping duties and counter - vailing duties on brake drums imported from China and Turkey. These measures will be temporarily in effect until a final ruling is made. If the final ruling also finds that dumping and subsidy behaviors exist, these temporary tax rates may be converted into formal tax rates and implemented in the long term.
On the same day, July 11, 2024, the US Department of Commerce also announced that, at the request of the American Personal Transportation Vehicle Manufacturers Coalition, it initiated anti - dumping and counter - vailing duty investigations on low - speed personal transportation vehicles imported from China. This case involves products under US Customs Code 8703.10.5030.
This investigation also started on June 20, 2024, and the applicant claimed that low - speed personal transportation vehicles exported from China were being dumped and subsidized. In 2023, the value of the涉案 products imported from China by the US was approximately $440 million.
The low - speed personal transportation vehicle products involved in this investigation are classified under the following US Customs Codes:
The anti - dumping and counter - vailing duty investigations initiated by the US Department of Commerce on brake drums imported from China and Turkey and low - speed personal transportation vehicles imported from China reflect the USs concern for maintaining a fair competitive environment for the domestic industry. Relevant enterprises need to closely monitor the progress of the investigation and adjust their trade strategies according to the final ruling results. In the coming months, the preliminary and final ruling results of the ITC and the Department of Commerce will have a significant impact on the import and sales of these products.
? 2025. All Rights Reserved. 滬ICP備2023007705號-2 PSB Record: Shanghai No.31011502009912