The Vietnamese government said on Saturday it welcomed the decision of the USTR, describing it as "a positive result" of the efforts of the government and businesses from both Vietnam and the U.S. - VN/ANN
WASHINGTON: President Donald Trump's administration said on Friday Vietnam's actions to push down the value of its currency are "unreasonable" and restrict U.S. commerce, but did not take immediate action to impose punitive tariffs.
Releasing the results of its so-called Section 301 investigation into Vietnam's currency practices, the U.S. Trade Representative's (USTR) office said it would continue to evaluate all available options to correct the situation. That process will pass to the administration of Democratic President-elect Joe Biden, who is due to take office on Wednesday.
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