On May 28, 2019, Commerce published in the Federal Register a notice of proposed action and modification of regulations regarding the benefit and specificity in Countervailing Duty Proceedings to address the issue of currency undervaluation in CVD proceedings.  The new regulation will authorize the use of countervailing duties on imports of goods from countries that “undervalue” their currency relative to the U.S. dollar.  While this is still a proposed rule, interested parties may comment on this modification no later than June 27, 2019.