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National & World Ag News Headlines
USTR Urges Vietnam to Address Currency Concerns
USAgNet - 04/05/2021

U.S. Trade Representative Katherine Tai urged Vietnam to address U.S. concerns with the country’s currency practices, outlined in the ongoing Section 301 investigation, the USTR explained in a statement. Tai made her remarks during a call with Vietnam Minister of Industry and Trade Tran Tuan Anh.

In October 2020, USTR began a Section 301 investigation into allegations that Vietnam manipulated its currency for unfair trade advantages. In early January, the Trump administration decided not to impose tariffs on Vietnamese imports, despite the Section 301 investigation.

Vietnam is a major pork-consuming nation dealing with African swine fever outbreaks in its domestic herd, yet tariff and non-tariff barriers restrict the United States from supplying this major pork-consuming nation with affordable, high-quality pork.


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