Loading…
The U.S. Commerce Department issued a final determination that car and light truck tires from Vietnam are subsidized through an undervalued currency, at rates of 6.23% to 7.89%. It is the first finding of its kind by the agency.
The duties target Vietnamese tire imports and do not directly move feed grain or protein markets. They mainly signal a trade-policy precedent on currency undervaluation.
reuters.comMay 24, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
