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  • U.S. to impose counter vailing duties on goods from currency undervaluation countries

    2020-02-05 17:16:00   【Print】
    On 3 February, U.Asian Metal CopyrightOn 3 February, U.Asian Metal CopyrightS.Asian Metal CopyrightS.Asian Metal Copyright Department of Commerce released a new regulation and decided to impose counter vailing duties on goods imported from currency undervaluation countries, with which economists strongly disagree as it may intensify the international trade friction.

    In accordance with this regulation, if the Department of Commerce deems the currency undervaluation of one country constitutes the "offsetting subsidy" and the U.S.Asian Metal Copyright In accordance with this regulation, if the Department of Commerce deems the currency undervaluation of one country constitutes the "offsetting subsidy" and the U.Asian Metal Copyright International Trade Commission identifies harms of the product to domestic industries, the Department of Commerce will impose a counter vailing duty.

    With regard to the standard for determining currency undervaluation, the Department of Commerce usually adopts professional comments from U.S.Asian Metal Copyright International Trade Commission identifies harms of the product to domestic industries, the Department of Commerce will impose a counter vailing duty.Asian Metal Copyright Treasury Department.Asian Metal Copyright Treasury Department.Asian Metal Copyright However, due to different standards and legal frameworks, the two departments may give inconsistent results.

    .Asian Metal CopyrightS.Asian Metal Copyright
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