International trade · 18/06/2025

U.S. Department of Commerce Affirms Countervailing Duties on Chinese Brake Drums

The U.S. Department of Commerce has determined that the People's Republic of China is providing countervailable subsidies to producers and exporters of certain brake drums, effective from January 1, 2023, to December 31, 2023. This decision aims to protect U.S. industries from unfair trade practices.