U.S. – Vietnam Trade and Section 301

In October, the Trump Administration initiated an investigation of Vietnam under Section 301 of the 1974 Trade Act. This was intended to determine whether Vietnam has undervalued its currency in order to make its products unfairly cheap abroad, and to probe the country’s importation and use of timber that may have been illegally harvested and traded. On December 16, the U.S. Department of the Treasury formally labeled Vietnam a currency manipulator, accusing it of improperly intervening in foreign exchange markets to advantage its own exports.

 

Please join WITA on January 7, as we discuss the U.S. 301 investigation into Vietnam’s timber and currency practices.