Source: U.S., Vietnam working to avoid imposition of Section 301 tariffs

The U.S. and Vietnam are working to resolve trade issues to pre-empt the imposition of Section 301 tariffs, a source familiar with the Office of the U.S. Trade Representative’s twin investigations into Vietnamese trade practices told Inside U.S. Trade on Thursday. USTR in October launched Section 301 investigations into Vietnam’s currency valuation and timber practices. After holding hearings for each last week, USTR gave interested parties the opportunity to submit post-hearing comments through Thursday. If it hopes to impose any...