U.S. 301 Survey On Vietnam Textile, Clothing And Footwear
The Youth Daily reported on December 8 that the Federation of Vietnamese associations (including textile associations and footwear associations) urgently suggested to the Vietnamese government that the Vietnam trade representative agency (USTR) launch 301 investigation, which would open the door for the United States to impose punitive tariffs on products imported from Vietnam (including textiles, clothing and footwear).
After receiving the news, the Association Alliance composed of Vietnam Textile Association and Footwear Association immediately communicated with American clothing and Footwear Association (AAFA) and American footwear retail distribution Association (FDRA). AAFA and FDRA have advised USTR to be cautious to avoid supply chain disruption.
The Association Alliance not only reiterated the "emergency situation", but also suggested that the Vietnamese government should closely guide the relevant ministries and trade associations and take the best protection scheme to avoid the multiple damages of punitive tariffs on textiles, clothing and footwear.
The inquiry hearing will be held on December 29.
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