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Lawmakers to Raimondo: Don't ‘reward’ Hanoi for unfair trade practices

June 28, 2024 at 3:52 PM
A bipartisan group of House lawmakers is urging Commerce Secretary Gina Raimondo against upgrading Vietnam’s economy status, contending the department should not “reward” Hanoi for trade practices they say threaten U.S. steel producers and workers. Commerce last year launched a review of Vietnam’s economy following a request by Hanoi to shed its status as a non-market economy. An upgrade to market-economy status would provide the country with more favorable treatment under U.S. antidumping law, likely leading to lower duties on...

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