US firms urge Washington not to hit Vietnam trade with ‘China-style’ tariffs

US firms have urged Washington not to slap China-style trade tariffs on Vietnam.
The call comes after the US Treasury labelled Vietnam as a “currency manipulator”, following two probes into the country’s currency practices and timber industry by the Office of the US Trade Representative (USTR).
USTR Section 301 investigations are the same mechanism used to launch the tariff war with China, prompting fears that the same fate awaits its South-east Asian …

The post US firms urge Washington not to hit Vietnam trade with ‘China-style’ tariffs appeared first on The Loadstar.

Source: The Loadstar

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