U.S. Opens Investigation Into Vietnam's Trade Practices
The U.S. Trade Representative initiated an investigation into Vietnam's trade practices on October 2. The USTR will look into two issues: how Vietnam has imported and used timber, which the USTR says was illegally harvested and traded, and whether Vietnam has undervalued its currency, making its products unfairly cheap abroad.
Resources:
- The New York Times: Trump Administration Opens Investigation Into Vietnam’s Trade Practices
- Market Screener: U.S. to Investigate Vietnam for Currency Manipulation
- Vietnam Timber Initiation Notice (PDF)
- Vietnam Currency Initiation Notice (PDF)