Presidential Determination on Section 402(c)(2)(A) of the Trade Act of 1974Vietnam

President Clinton determined that waiving Jackson-Vanik trade restrictions on Vietnam would substantially promote the objectives of section 402 of the Trade Act of 1974, authorizing normal trade relations treatment. The Secretary of State was directed to publish this determination in the Federal Register.

Federal Register Open PDF 63 FR 14329

Impact dates

Mar 9, 1998
Publication of determination in Federal Register

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Other industrial

Mechanisms

Tariff

Role pressure

ProtectiveTrading-partner exporter — Vietnamese exporters gain permanent normal trade relations access to US market, ending threat of discriminatory tariffs
ProtectiveImporter — US importers of Vietnamese goods face reduced tariff uncertainty and lower rates on Vietnamese products

Geographies

US VN

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLApple

Confidence: high · Policy alerts

Key directives

Waive application of subsections (a) and (b) of section 402 of Trade Act of 1974 with respect to Vietnam
Publish determination in Federal Register

Who is ordered

Secretary of State · State Department

Timeline

Immediate

Waiver of subsections (a) and (b) of section 402 takes effect upon determination
Secretary of State authorized to publish in Federal Register

Near term (90d)

—

Long term

Sustained normal trade relations status for Vietnam pending annual renewals or permanent legislative change

Risks & tensions

Annual waiver renewal required absent permanent legislative change; Vietnam's human rights record remained concern for Congress
Determination is conditional on 'substantially promote' standard, creating potential legal vulnerability if challenged