US removes tariff threats against Vietnam | Business | Vietn

Illustrative image (Photo: VNA)
 
Washington (VNA) – The Office of the United
States Trade Representative (USTR) on July 23 issued a
formal determination in the Vietnam Currency
Section 301 investigation, under which the agency will not take any tariff action against Vietnam.
A statement by the USTR said that the move reflects the
agreement reached earlier this week between the US Department of the Treasury and
the State Bank of Vietnam (SBV). 
The determination finds that the agreement between the US
Department of the Treasury and the State Bank of Vietnam provides a satisfactory resolution of
the matter subject to investigation and accordingly that no trade action is

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