High export prices helped the pepper export value remain positive in the first quarter of 2025, despite a decrease in export volume, however, with the US announcing base and reciprocal tariffs on imported goods, exporters are concerned about facing significant losses in the coming time.

In response to US President Donald Trump’s decision to impose a minimum 10% import tariff on all goods and a 46% countervailing duty on Vietnamese imports, the American Chamber of Commerce in Vietnam (AmCham Vietnam) has put forward proposals aimed at balancing the interests of both nations.

VOV.VN - Prime Minister Pham Minh Chinh underlined the importance of preparing a list of goods for negotiation to bring the tariff rate to 0% at a cabinet meeting with ministries and sectors in Hanoi on April 5.

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.