PRC Imports: Countervailing Duties, U.S. Trade Policy

Law360 (December 19, 2007, 12:00 AM EST) -- The U.S. Department of Commerce (Commerce) treats the People's Republic of China (PRC) as a nonmarket economy (NME) country. As a result, Commerce previously refused to apply the countervailing (i.e., anti‐subsidy) law of the U.S. to PRC imports. But Commerce recently broke with this decades‐long precedent....

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