Here's what you need to know:
- In June 2024, Webb Wheel files petition with International Trade Commission regarding unfairly low prices on brake drums from China and Turkey.
- In July 2024, ITC launches an investigation into claims, states duties could be imposed on both nations.
- In December 2024, ITC announces its initial countervailing penalties on manufacturers from both nations, with Chinese subsidies ranging from 6.76% to 303%.
- In January 2025, the Department of Commerce announces its initial dumping penalties, with intent to announce final penalties from the investigation in June.
In July 2024, the International Trade Commission (ITC) launched an investigation into dumping allegations regarding brake drums imported from Turkey and China. Provisional duties could be imposed as early as later this summer.
Webb Wheel filed a petition in June asking the federal government to impose antidumping and countervailing duties on these components. The petition alleges imports from Turkey and China are being sold at unfairly low prices in the U.S., undermining domestic manufacturers, such as Webb.
According to the National Trailer Dealers Association and MacKay and Co., the U.S. aftermarket for brake drums for trailers is valued at $180 million annually. NTDA says in a news release that if half the brake drums imported from the two countries are subjected to a hypothetical 300% tariff, it would "significantly" increase the cost of imported brake drums, affecting dealers' pricing structures and potentially leading to higher trailer prices.
The NTDA says it's worried about increased costs, potential supply chain disruptions and competitive disadvantages for businesses that rely on imports. The association encouraged concerned members to contact the ITC, Department of Commerce (DOC) or legislators.
