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Washington reviews factories linked to China in Vietnam
The U.S. authorities carried out surprise inspections at factories linked to China in Vietnam aimed at investigating the value-added processes and sources of raw materials, to ensure there are no illegal exports of Chinese goods intended to evade customs duties. These measures are part of Washington's efforts to combat trade fraud and intellectual property violations, while Vietnam seeks to demonstrate the seriousness of its legal campaigns through confiscations of counterfeit goods and stricter penalties. Meanwhile, negotiations between the two countries on a framework trade agreement are at a standstill. These actions are significant given Vietnam's role as a major manufacturing hub for global companies, amidst increasing American pressure resulting from the trade deficit and the need to reduce non-tariff barriers.
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