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The Office of the US Trade Representative published a Federal Register notice initiating a Section 301 investigation into Vietnam's acts, policies and practices related to currency valuation. The docket is USTR-2020-0037 and comments are invited.
The formal investigation opens a process that could lead to trade penalties on Vietnam, with minimal direct impact on feed commodity supply or prices.
federalregister.govOct 8, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
