U.S. findings, Section 301 investigation of Vietnam’s currency valuation policies and practices
U.S. findings, Section 301 investigation
The Office of the U.S. Trade Representative (USTR) today issued findings in the Section 301 investigation of Vietnam’s currency valuation practices.
According to a USTR release, the investigation concludes that Vietnam’s currency valuation policies and practices (including excessive foreign exchange market interventions and other related actions) when taken in their totality, are “unreasonable and burden or restrict U.S. commerce.” The USTR release states that no specific actions are being taken at this time in connection with the findings, but that all available options will be considered.
The Section 301 investigation was initiated in October 2020 along with an investigation related to the import and use of timber that is illegally harvested or traded. Read TradeNewsFlash
Read the USTR report [PDF 631 KB] (32 pages)
Read the USTR notice [PDF 116 KB]
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