US ends Vietnam timber probe, no tariff

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Illegally harvested timber confiscated in the central province of Quang Nam, September 2021. Photo by VnExpress/Dac Thanh

 

The U.S. has decided to not take any trade action on Vietnamese timber following a 12-month investigation into alleged illegal harvesting and trade.

 

The two countries have come to an agreement that provides a satisfactory resolution of the matter subject to investigation and that no trade action is warranted at this time, according to a statement by the United States Trade Representative.

 

"I commend Vietnam for its commitment to address our concerns regarding the importation and use of timber that is illegally harvested or traded," said USTR ambassador Katherine Tai.

 

Full Story: https://e.vnexpress.net/news/business/industries/us-ends-vietnam-timber-probe-no-tariff-4366851.html

 

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