On October 1, 2021, the Office of the United States Trade Representative (USTR) announced that the United States and the Socialist Republic of Vietnam (Vietnam) reached an agreement resolving the Section 301 investigation into Vietnam’s alleged import and use of timber illegally harvested or traded. The investigation was initiated in October 2020 by former President
Section 301 Investigation - Vietnam
U.S. and Vietnam Reach Agreement on Vietnam’s Currency Practices
On July 19, 2021, the U.S. Department of the Treasury (Treasury) and the State Bank of Vietnam (SBV) reached an agreement to address concerns raised by the United States about Vietnam’s currency practices that were found actionable in an investigation under Section 301 of the Trade Act of 1974 by the Office of the U.S.…
USTR Issues Findings in Investigation of Vietnam’s Currency Valuation Practices
On January 15, 2021, barely two weeks after holding a public hearing into the matter and just over three months after initiating an investigation under Section 301 of the Trade Act of 1974, the Office of the U.S. Trade Representative (USTR) issued its findings regarding Vietnam’s currency valuation. USTR found that “Vietnam’s acts, policies, and…
USTR Will Hold Public Hearing in Section 301 Investigation into Vietnam’s Import and Use of Illegal Timber
On November 25, 2020, the Office of the U.S. Trade Representative (USTR) issued a Federal Register notice announcing that it will hold a virtual public hearing on December 28, 2020, in its ongoing investigation into Vietnam’s acts, policies and practices related to its import and use of illegally harvested or traded timber. See Update of…
USTR Will Hold Public Hearing in Section 301 Investigation into Vietnamese Currency Valuation
On November 25, 2020, the Office of the U.S. Trade Representative (USTR) issued a Federal Register notice announcing that it will hold a virtual public hearing on December 29, 2020, in its ongoing investigation into Vietnam’s currency valuation. See Update of October 6, 2020. A written request to appear at the hearing must be…
USTR Initiates Two Section 301 Investigations Involving Vietnamese Wood Products Using Illegal Timber and Currency Valuation
On October 2, 2020, the Office of the U.S. Trade Representative (USTR) announced that it was initiating two Section 301 investigations regarding certain trade practices by the Socialist Republic of Vietnam (Vietnam) related to its import and use of timber illegally harvested or traded and the country’s policies that may contribute to the undervaluation of…