Currency Manipulation

Total 13 Posts

Commerce Department Review of Solar CVD Follows Treasury's Conclusions on Chinese Currency Undervaluation

As we reported here and here, a Commerce Department administrative review of a U.S. countervailing duty order for imports of crystalline silicon photovoltaic cells from China during 2019 examined a claim that Chinese currency undervaluation in this period constitutes a countervailable subsidy. In its recently issued Decision Memorandum for

New Treasury Department Report Finds China Is Not Manipulating Currency

On December 3, the U.S. Treasury Department issued its biannual report [https://home.treasury.gov/system/files/206/December-2021-FXR-FINAL.pdf] to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." As part of that report, Treasury evaluated "whether trading partners

Commerce Department Makes Final Affirmative CVD Finding on Mobile Access Equipment from China, and Discusses Currency Undervaluation and CCP; ITC Finds Threat of Injury

In July, we reported [https://www.chinatrademonitor.com/commerce-department-makes-preliminary-affirmative-cvd-finding-on-mobile-access-equipment-china-but-says-currency-undervaluation-did-not-provide-a-countervailable-benefit/] on the Commerce Department's preliminary determination [https://www.federalregister.gov/documents/2021/07/30/2021-16332/certain-mobile-access-equipment-and-subassemblies-thereof-from-the-peoples-republic-of-china] that countervailable subsidies are being provided to pro

Domestic Industry Points to Changed Treasury Department Conclusions on Currency Issues in Review of Solar CVD

As we reported here [https://www.chinatrademonitor.com/review-of-solar-cvd-looks-at-chinese-currency-undervaluation/] , in an administrative review for a U.S. countervailing duty order for imports of crystalline silicon photovoltaic cells from China during 2019, the domestic industry alleged that Chinese currency undervaluation in this period constitutes a countervailable subsidy. The Department of Commerce

Review of Solar CVD Looks At Chinese Currency Undervaluation

In an administrative review for a U.S. countervailing duty order for imports of crystalline silicon photovoltaic cells from China during 2019, the petitioners in the case alleged that Chinese currency undervaluation in this period constitutes a countervailable subsidy. The Department of Commerce (DOC) asked the Treasury Department for input

Commerce Department Makes Preliminary Affirmative CVD Finding on Mobile Access Equipment from China, But Says Currency Undervaluation Did Not Provide a Countervailable Benefit

The U.S. Commerce Department has preliminarily determined [https://www.federalregister.gov/documents/2021/07/30/2021-16332/certain-mobile-access-equipment-and-subassemblies-thereof-from-the-peoples-republic-of-china] that countervailable subsidies are being provided to producers and exporters of certain mobile access equipment and subassemblies thereof from China (case C-570-140). As explained in the Decision Memorandum [https://enforcement.trade.gov/
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