The US has agreed to begin negotiations on a reciprocal trade agreement with Vietnam, as proposed by Vietnamese Deputy Prime Minister Ho Duc Phoc at his meeting with US Trade Representative Jamieson Greer on April 9.

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 - The April 4 phone call between Party General Secretary To Lam and US President Donald J. Trump on tariff reduction has been hailed by economic experts, businesses, and industry associations as a positive step toward stronger Vietnam–US trade ties.

VOV.VN - 2024 saw Vietnam earn US$119.5 billion from its exports to the United States, with top 10 export commodities bringing in US$98.54 billion.

In the wake of the US' fresh announcement of a 46% tariff on Vietnamese exports, Director of the Ministry of Industry and Trade (MoIT)’s Department of Foreign Market Development Ta Hoang Linh remains optimistic about the potential for negotiations to achieve a mutually beneficial outcome.

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.

With complementary agricultural products, agricultural trade between Vietnam and the US is expected to grow further, heard a working session between Minister of Agriculture and Environment Do Duc Duy and US Ambassador to Vietnam Marc Knapper in Hanoi on March 26.

VOV.VN - Prime Minister Pham Minh Chinh has called for continued policy consultations to help Vietnam achieve its ambitious growth targets and strengthen a balanced and sustainable economic relationship with the US.

Vietnam always considers the US as a key strategic partner and hopes to strengthen their Comprehensive Strategic Partnership for more practical and effective results, National Assembly (NA) Vice Chairwoman Nguyen Thi Thanh has affirmed.

Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyen Hong Dien had a working session with US Trade Representative Jamieson L. Greer on March 13 to advance bilateral economic and trade cooperation.