According to a Notice of Proposed Rulemaking (the “NPR”) issued by the United States Department of Commerce (“Commerce”) and published in the Federal Register on May 28, 2019, Commerce is preparing to levy tariff duties on exports to the United States from mercantilist countries that artificially undervalue their currencies to tip the balance of trade to their advantage.
Continue Reading U.S. to Levy Countervailing Duties against Undervalued Currencies?