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.
Economists underlined the need for Vietnamese Government and businesses to apply measures to adapt to the new tariff policy of the US to maintain growth during a meeting held by the Ho Chi Minh City Department of Industry and Trade on April 8.
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 - Deputy Prime Minister Bui Thanh Son on April 8 chaired a meeting of the task force on strengthening cooperation and proactively responding to adjustments in US economic and trade policies.
VOV.VN - Following the US’ announcement of a 46% tariff on several Vietnamese products, including shrimp, the Ca Mau provincial People’s Committee has urged seafood processors and shrimp farmers to remain calm and avoid panic.
VOV.VN - Facing a US tariff hike of up to 46%, the Government is rallying domestic and overseas stakeholders to jointly implement rapid and long-term trade response measures.
VOV.VN - Vietnamese Prime Minister Pham Minh Chinh held a phone call with Malaysian Prime Minister Anwar Ibrahim on April 6 to exchange views on bilateral relations and assess recent emerging regional and international issues, including the new US tariff policy.
The American Chamber of Commerce in Vietnam (AmCham) on April 4 issued a statement outlining the wide-ranging impact of the US’s new tariff policy on Vietnamese exports.
VOV.VN - Many of Vietnam’s export commodities, including agricultural products, enjoy advantages when entering the US market. However, the newly announced reciprocal tariff of up to 46% by the United States on Vietnamese goods affects not only industry but also agriculture.
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.