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Vietnam says US 'non-market economy' label is bad for bilateral ties

Vietnam's ambassador to the United States on Tuesday urged Washington to end its "non-market economy" label on Hanoi, warning that maintaining the resulting punitive duties on Vietnamese goods is bad for increasingly close bilateral ties. Last year, the U.S. Commerce Department said it was reviewing Vietnam's non-market economy status after Hanoi argued that it should be removed from the list applied in anti-dumping cases given economic reforms of recent years. The non-market economy label, also applied to China and Russia due to heavy state involvement in their economies, among others, allows the U.S. to impose significantly higher anti-dumping duties on imports from designated countries by relying on third-country proxy pricing. ....

United States , Republic Of , Han I , Nguyen Quoc Dzung , Donald Trump , Pham Minh Chinh , Janet Yellen , Joe Biden , Leslie Adler , Strategic Partnership , Us Commerce Department , International Studies , Comprehensive Strategic Partnership , President Joe , Vietnamese Prime Minister Pham Minh Chinh , Secretary Janet Yellen , Indo Pacific Economic Framework , President Donald Trump , David Brunnstrom Editing ,

Vietnam says US 'non-market economy' label is bad for bilateral ties

Vietnam says US 'non-market economy' label is bad for bilateral ties
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