Currency Manipulation

Total 15 Posts

China Not a Currency Manipulator, But Still on Monitoring List, Says U.S. Treasury

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."

USITC Finds Injury, Commerce Department Finds Dumping/Subsidization for Snow Throwers from China

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

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
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