pattern

There will be no tariffs or quotas on Vietnam as a result of these investigations.

For additional information on these investigations, please contact Nicole Bivens Collinson or Kristen Smith.

Illegal Timber Investigation

On October 8, 2020, USTR initiated Section 301 investigations into Vietnam's acts, policies and practices related to the importation and use of illegal timber.

New! In October 2021, USTR issued findings that based on an agreement between the U.S. and Vietnam regarding illegal logging and the timber trade, no action is warranted at this time. No tariffs, quotas or other restrictions will be imposed.

Currency Valuation Investigation

On October 8, 2020, USTR initiated Section 301 investigations into Vietnam's acts, policies and practices related to currency valuation. 

On January 15, 2021, USTR issued findings that Vietnam's acts, policies and practices related to currency valuation discriminate against US companies and burden or restrict US commerce.

On July 23, 2021, USTR announced that no action would be taken against Vietnam at this time. USTR did not take action because the U.S. Department of Treasury and the State Bank of Vietnam reached a joint agreement on July 19, 2021 providing satisfactory resolution to the currency valuation matter. No tariffs, quotas or other restrictions will be imposed.

Official Documents

Dates & Deadlines

Item Date
USTR initiates the currency and timber investigations October 8, 2020
Deadline for submitting written comments on the currency investigation November 12, 2020
Deadline for submitting written comments on the timber investigation November 12, 2020
Deadline to submit request to appear at the timber virtual hearing December 10, 2020
Deadline to submit request to appear at the currency virtual hearing December 10, 2020
Virtual public hearing on the timber investigation December 28, 2020
Virtual public hearing on the currency investigation December 29, 2020
Deadline to submit post-hearing rebuttal comments for the timber investigation January 6, 2021
Deadline to submit post-hearing rebuttal comments for the currency investigation January 7, 2021
USTR releases determination in currency investigation July 23, 2021
USTR releases determination in timber investigation October 6, 2021

 

Contact

Please email messages@strtrade.com with questions. 

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