💨 Abstract

Trade lawyers spar over whether the Commerce Department should upgrade the communist-ruled country to market economy status. The move would reduce punitive anti-dumping duties set on Vietnamese imports because of its current status as a non-market economy marked by heavy state influence. Opponents of upgrading Vietnam argued that Hanoi’s policy commitments have not been matched by concrete actions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖