Tag Archives: U.S. Department of Commerce

Commerce – Countervailing Duties on Vietnamese Cars,Tires

Among the subsidies preliminarily countervailed is Vietnam’s undervalued currency. This is the first time that Commerce has ever made an affirmative CVD determination regarding a foreign currency with a unitary exchange rate. Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of passenger tires from Vietnam based on these preliminary rates above. Continue reading

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