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U.S. Considers Whether to Take Step Toward Tariffs on Vietnam

  • Interagency meeting said to take place as soon as Wednesday
  • Tariff product list would need to come soon to meet timeline
A vendor hands money to a motorist as people buy seafood at the Duong Dong market in Phu Quoc, Vietnam.
A vendor hands money to a motorist as people buy seafood at the Duong Dong market in Phu Quoc, Vietnam.Photographer: Maika Elan/Bloomberg

The U.S. is discussing whether to move toward imposing tariffs on Vietnam over currency actions that during the Trump era were labeled as unreasonable and restrictive to American businesses.

President Joe Biden’s administration plans a meeting on the topic as soon as Wednesday, according to people familiar with the matter, who asked not to be identified because the discussions are private. Participants will include officials from the Treasury Department, the U.S. Trade Representative’s office, Commerce Department and National Security Council, they said.