U.S. and Vietnam Reach Agreement on Alleged Currency Manipulation

2021-07-22T13:59:40+00:00July 21st, 2021|International Trade Issues, Other Government Agencies/Depts.|

A joint announcement earlier this week from the U.S. Treasury Department and the State Bank of Vietnam that an agreement has been reached to address U.S. concerns with Vietnam’s currency practices has, for the time being at least, removed the threat of punitive Sec. 301 tariffs being imposed on Vietnamese imports.

New North American Trade Agreement Will Enter Into Force July 1, USTR Says

2021-02-11T23:17:29+00:00April 25th, 2020|Canada Customs, U.S. Customs|

With the notification to Congress, the U.S. became the third country to have completed its domestic legislative procedures needed to implement the deal, the final step necessary for the USMCA to take effect this summer. However, some are doubtful the three countries can achieve a comprehensive implementation in such a short time.