Total 10 Posts
In a letter to the Commerce Department as part of an annual countervailing duty (CVD) review, the Treasury Department has determined that the Chinese currency was undervalued during the review period, but that this undervaluation was not the result of government action.
Commerce Department Final Review of Solar CVD Follows Preliminary Findings on Chinese Currency Undervaluation
As part of a recent administrative review of a countervailing duty order on Chinese solar products, the Commerce Department considered and rejected a claim that RMB undervaluation was a countervailable subsidy, but did not make a finding requested by China that no undervaluation exists.
On June 10, the U.S. Treasury Department issued its biannual report to Congress on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." China was not found to be a currency manipulator, but was placed on a "monitoring list."
Last week, a U.S. trade agency issued a decision that paves the way for anti-dumping and countervailing duties to be imposed on snow throwers from China.
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
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 have manipulated the
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