US Will Impose Import Duties on Subsidized Chinese Steel Wheels

A man cuts a piece of steel pipe to make into a bracket at a workshop in Beijing on July 27, 2018. Greg Baker/AFP/Getty Images

WASHINGTON—The U.S. Commerce Department said on Aug. 27 it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and hence, would impose countervailing duties on the product.

“As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of certain steel wheels from China based on these preliminary rates,” the department said in a statement.