Vietnam regrets US reciprocal tariff policy on its exports
VOV.VN - Vietnam regrets the United States’ decision to impose reciprocal tariffs on Vietnamese exports to its market, Pham Thu Hang, spokesperson for the Vietnamese Ministry of Foreign Affairs has said.
Hang was speaking in response to reporters’ question regarding Vietnam’s reaction to the Trump administration’s announcement of reciprocal tariffs on Vietnamese exports
“We believe that this decision does not align with the reality of mutually beneficial economic and trade cooperation between the two countries,” said the spokesperson on April 4.
“It fails to reflect the spirit of the Comprehensive Strategic Partnership for peace, stability, cooperation, and development and, if enforced, would negatively impact bilateral economic and trade relations as well as the interests of businesses and people in both countries.”
According to the spokesperson, Vietnam has actively engaged in discussions with the United States in recent times to address concerns, promote bilateral economic and trade cooperation, and work towards fair, sustainable, and mutually beneficial trade.
“Vietnam will continue to coordinate and engage in discussions with the United States in a constructive and cooperative spirit to find practical solutions that contribute to the stable and sustainable development of bilateral economic relations, ensuring the interests of businesses and people in both countries,” stated the spokesperson.
Ministry of Finance: Most US exports to Vietnam subject to only around 15% tariff
VOV.VN - The average tariff rate for US exports to Vietnam is currently around 15%, far lower than the 90% figure claimed by the US, a representative of the Ministry of Finance stated in response to the US decision to impose a 46% reciprocal tariff on Vietnamese goods.
