Worth knowingREGULATORY·NASEA05:28Z
USTR Announces Section 301 Investigation of Vietnam’s Acts, Policies, and Practices Related to Intellectual Property Protection and Enforcement↗
The U.S. Trade Representative has initiated a Section 301 investigation into Vietnam's intellectual property protection and enforcement practices. The investigation aims to determine if Vietnam's persistent IP issues are unreasonable or discriminatory and burden U.S. commerce. USTR Ambassador Jamieson Greer stated that despite some recent steps, IP infringement in Vietnam continues to harm U.S. innovators and creators.
actAudit your Vietnam-based supply chain for IP compliance documentation and prepare contingency sourcing options while monitoring for investigation developments that could lead to trade restrictions.