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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 19 U.S.C. § 1677b1 Currency conversion us united_states_code code_section 19 CUSTOMS DUTIES 4 TARIFF ACT OF 1930 1677b1 19 U.S.C. § 1677b1 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc19@119-100.zip /us/usc/t19/s1677b1 data/legal/raw/us/code/title-19/usc19.xml 31e189b853a1ff04a637527c44685ad32db6f0ebb8d86f1de22b41d6363af2f3 c90da65eeb9b6895d254e48af923eedc3b1275c7e88d986eb56f934bfcdfdf5c 2702e31cfcca806021b0741fb64c2812ba7766fc6561003426cb489c152484a8 2026-07-04 official
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19 U.S.C. § 1677b1 - Currency conversion

Text

(a) In general In an antidumping proceeding under this subtitle, the administering authority shall convert foreign currencies into United States dollars using the exchange rate in effect on the date of sale of the subject merchandise, except that, if it is established that a currency transaction on forward markets is directly linked to an export sale under consideration, the exchange rate specified with respect to such currency in the forward sale agreement shall be used to convert the foreign currency. Fluctuations in exchange rates shall be ignored.

(b) Sustained movement in foreign currency value In an investigation under part II of this subtitle, if there is a sustained movement in the value of the foreign currency relative to the United States dollar, the administering authority shall allow exporters at least 60 days to adjust their export prices to reflect such sustained movement.

(June 17, 1930, ch. 497, title VII, § 773A, as added Pub. L. 103465, title II, § 225(a), Dec. 8, 1994, 108 Stat. 4886.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection effective, except as otherwise provided, on the date on which the WTO Agreement enters into force with respect to the United States (Jan. 1, 1995), and applicable with respect to investigations, reviews, and inquiries initiated and petitions filed under specified provisions of this chapter after such date, see section 291 of Pub. L. 103465, set out as an Effective Date of 1994 Amendment note under section 1671 of this title.