Commerce releases final rule to address currency undervaluation with CVDs

The Commerce Department on Monday published a final regulation governing the use of countervailing duties on countries that undervalue their currencies relative to the U.S. dollar. Commerce last May released a draft rule that prompted some questions about how the proposal would be implemented and whether it would give the agency too much authority, among other concerns. The final rule, which addresses some of the comments filed on the draft, will take effect in April, according to a Federal Register...