Currencies

U.S. finalizes rule to slap duties on countries that undervalue currencies

U.S. finalizes rule to slap duties on countries that undervalue currencies

The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China. The move could provide a fresh irritant in U.S.-China trade talks just weeks after the world’s two largest economies signed a Phase 1 trade […]