US no longer considers Russia a market economy — Department of Commerce
World
November 11, 2022, 2:23
The department vested Russia with the status in 2002
WASHINGTON, November 11. /TASS/. The United States will no longer consider Russia a market economy when applying its anti-dumping procedures, the US Department of Commerce announced on Thursday.
"This decision [to revoke Russia's market economy status] gives the United States the ability to apply the full force of the US anti-dumping law to address the market distortions caused by increasing interference from the Russian government in their economy," the department said in a statement.
The department vested Russia with the status in 2002.