The Trump administration is launching an investigation into the trade practices of Vietnam, faulting the country for currency practices and invoking the same trade law the U.S. used in imposing sweeping tariffs on Chinese imports. The Office of the U.S. Trade Representative Friday evening said it would pursue an investigation into Vietnam’s “acts, policies, and practices that may contribute to the undervaluation of its currency and the resultant harm to U.S. Commerce.”The...

Source: Wall Street Journal October 03, 2020 01:41 UTC