August 4, 2021
The USTR issued a formal determination on July 23, 2021, relative to the Vietnam Currency Section 301 investigation. It has been determined that the agreement reached between the Department of Treasury and the State Bank of Vietnam provides a satisfactory resolution to the matter subject to the investigation and no trade action is warranted at this time. USTR, in coordination with Treasury, will continue to monitor Vietnam’s implementation going forward.
Crane Trade Services can assist you with questions regarding this matter. For assistance please contact CWTSConsulting@craneww.com