Trade Trade

Comment: In Vietnam tire subsidy case, US Commerce upholds Trump-era currency devaluation rule

By Kat Lucero
  • 27 May 2021 16:21
  • 27 May 2021 16:21

The US Commerce Department’s final determination this week that tires from Vietnam have been subsidized by an undervalued currency follows through on a controversial trade remedy rule the Trump administration authorized last year.

It's the first time Commerce made this conclusion in an antisubsidy investigation since the rule was approved in February 2020

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