POLITICO
Companies urge USTR to leave Vietnam currency matters to Treasury
U.S. Trade Representative Robert Lighthizer s probe is seen as an intrusion into a policy space that traditionally has been overseen by the Treasury Department.
U.S. Trade Representative Robert Lighthizer launched the currency probe in October under Section 301 of the 1974 Trade Act. | Anna Moneymaker/The New York Times via AP
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American companies urged USTR on Tuesday to drop an investigation into Vietnam’s currency practices that could lead to tariffs on a wide range of Vietnam goods, and turn the matter over to the Treasury Department to pursue.