Will Trump-era CVD currency undervaluation rule hold up under Biden?

A Trump-era rule allowing the Commerce Department to treat currency undervaluation as a subsidy in countervailing duty proceedings leaves the U.S. open to a deluge of petitions -- potentially against some U.S. allies -- staked on weak claims, a lawyer who represents foreign governments in CVD proceedings tells Inside U.S. Trade. Brady Mills, of Morris, Manning & Martin, LLP, said in an interview last week that the new administration’s view of the rule remains unclear, but contended an affirmative...