By Alyssa Aquino (February 14, 2022, 6:52 PM EST) – The United States International Trade Commission has agreed to advance an investigation into steel nails imported from five other countries, saying it has reason to believe that these products are economically harmful to manufacturers of steel nails in the United States
A five-member panel voted unanimously on Friday to continue investigating allegations that the governments of India, Oman, Sri Lanka, Thailand and Turkey were subsidizing their nail industries by steel, which, according to a national company, allows importers to sell their products at unfairly cheap prices in the us
The vote allows the US Department of Commerce to move forward with its parallel product investigation.
Preliminary findings of the Department…
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