US Says Duties On Goods From Non-Market Economies Legal

Law360, New York (August 21, 2013, 9:43 PM EDT) -- U.S. government attorneys told the Federal Circuit on Friday that the Department of Commerce has always had the power to assess countervailing duties on imports from countries with nonmarket economies, and a recent law that a Chinese company has branded unconstitutional merely confirmed that.

In a brief made public Wednesday, the U.S. attacked Guangdong Wireking Housewares & Hardware Co. Ltd's contention that the March 2012 law violated the Constitution's ex post facto clause by changing the rules and retroactively punishing companies in countries with nonmarket economies,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.