The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation, did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16. Minister of Industry and Trade Tran Tuan Anh talks on the phone with US Trade Representative Robert Lighthizer on January 7 on bilateral economic and trade issues (Photo: VNA) The ministry informed the press on January 16 that the USTR’s report provided comprehensive information regarding the case, including the reasons and purposes of the investigation. The report did not mention or recommend imposing tariff or any sanction measures on Vietnam’s exports, the ministry said, noting that the efforts made at all levels, from Government leaders to officials of ministries, sectors, agencies, associations and businesses of both Vietnam and the US have brought about positive outcomes. The ministry, as chair of the Vietnam section in the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council and the agency authorized by the Prime Minister to work with the US in handling the case, welcomed the conclusion of the… Read full this story
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