US Chides Vietnam Over Currency, But Makes No Tariff Threat
Alex Lawson, 15 January 2021
The Office of the U.S. Trade Representative found that Vietnam’s currency manipulation is unfairly hindering U.S. businesses but held off on teeing up new tariffs against Hanoi on Friday, leaving a final decision in the case up to the incoming Biden administration.
After a three-month investigation, the USTR found that Vietnam’s persistent undervaluation of its currency, paired with its more recent intervention in foreign exchange markets, artificially lowered the prices of Vietnamese exports to the U.S., leaving U.S. producers at a disadvantage. Continue reading “Article: US Chides Vietnam Over Currency, But Makes No Tariff Threat”
Alfred James Lawson Jr. (D-FL) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American politician who is the U.S. Representative for Florida’s 5th congressional district, serving since 2017. A Democrat, Lawson served in the Florida Legislature for 28 years. From 1982 to 2000, he was a member of the Florida House of Representatives. From 2000 to 2010, Lawson was a member of the Florida Senate, where he was elected to serve as the Democratic Leader and eventually rose to the rank of “Dean of the Senate” prior to his election to the U.S. House of Representatives. He graduated from Florida A&M University (BA), and Florida State University (MPA).
U.S. House Banking Committee on Financial Services