Korea Faces Countervailing Duties on Epoxy Resin Imports
Published Date: 4/3/2025
Notice
Summary
The U.S. says some Korean companies making epoxy resins got unfair financial help from their government. Because of this, extra taxes (called countervailing duties) will be added to these products when they enter the U.S. This change affects Korean exporters and starts right away, helping American businesses compete fairly.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Extra Duties on Korean Epoxy Imports
The Department of Commerce found that some epoxy resins from the Republic of Korea received countervailable subsidies and ordered countervailing duties (extra import taxes) on those products when they enter the U.S. The period of investigation was January 1, 2023 through December 31, 2023, and the change starts right away.
U.S. Epoxy Makers Gain Protection
Commerce says the duties are intended to offset unfair government help to Korean exporters, which helps American epoxy resin producers compete more fairly. The determination covers activity during January 1, 2023 through December 31, 2023 and takes effect immediately.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in