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USTR: No 301 tariffs on Vietnam; will monitor currency commitments

July 23, 2021 at 4:42 PM
The Office of the U.S. Trade Representative on Friday officially announced it will not impose tariffs in a Section 301 investigation of Vietnam’s currency practices in lieu of a joint agreement between the Treasury Department and the Vietnamese State Bank that it will continue to monitor for compliance. The administration in recent weeks had been mulling whether to impose tariffs over Vietnam’s currency actions and engaging in consultations with Vietnam. On Monday, Treasury and Vietnam’s central bank announced they had...

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