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Department of Commerce Publishes Regulations Allowing it to Impose Punitive Duties on Products from Countries with Undervalued Currencies
On February 3, 2020, the Department of Commerce published a final rule that amends the regulations for countervailing duty investigations to allow the imposition of duties on countries that undervalue their currencies. Publication of the final rule follows a May 28, 2019, notice of the proposed rule. The regulation will go into effect on April 6.