Close Menu
World Forbes – Business, Tech, AI & Global Insights
  • Home
  • AI
  • Billionaires
  • Business
  • Cybersecurity
  • Education
    • Innovation
  • Money
  • Small Business
  • Sports
  • Trump
What's Hot

UnitedHealth paid nursing homes to reduce hospital transfers: Report | Business and Economy

May 21, 2025

What is the Golden Dome defence system Trump announced? | Conflict News

May 21, 2025

Over boos, Columbia University president notes Mahmoud Khalil’s absence at graduation

May 21, 2025
Facebook X (Twitter) Instagram
Trending
  • UnitedHealth paid nursing homes to reduce hospital transfers: Report | Business and Economy
  • What is the Golden Dome defence system Trump announced? | Conflict News
  • Over boos, Columbia University president notes Mahmoud Khalil’s absence at graduation
  • PCB drops Shaheen, Azam and Rizwan for Bangladesh T20s – Sport
  • What’s South Africa’s land law at the heart of the Trump-Ramaphosa spat? | Donald Trump News
  • How many Americans believe in astrology and rely on fortune-telling? A new survey has answers
  • Chair yoga’s benefits range from emotional health to fall prevention
  • US Supreme Court clears way to end TPS for Venezuelans: What it means? | Donald Trump News
World Forbes – Business, Tech, AI & Global InsightsWorld Forbes – Business, Tech, AI & Global Insights
Wednesday, May 21
  • Home
  • AI
  • Billionaires
  • Business
  • Cybersecurity
  • Education
    • Innovation
  • Money
  • Small Business
  • Sports
  • Trump
World Forbes – Business, Tech, AI & Global Insights
Home » Vietnam, US kick off trade talks as Hanoi seeks relief from Trump’s tariffs | Donald Trump
Trump

Vietnam, US kick off trade talks as Hanoi seeks relief from Trump’s tariffs | Donald Trump

adminBy adminApril 24, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email
Post Views: 48


Trade-reliant Southeast Asian country is facing a 46 percent levy under Trump’s so-called ‘reciprocal’ tariffs.

Vietnam and the United States have kicked off trade talks, the Vietnamese government has said, as Hanoi scrambles to avoid a crippling 46 percent tariff announced by US President Donald Trump.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson L Greer held a phone call to officially initiate their negotiations on “bilateral economic and trade issues”, Vietnam’s trade ministry said on Thursday.

Nguyen told Greer that Vietnam wants to develop a “comprehensive strategic partnership” with the US and promote “economic and trade relations in a balanced, stable, sustainable, and effective manner”, the ministry said.

“He noted that Vietnamese ministries and agencies are ready to negotiate solutions to issues of US concern and work together with the US to find reasonable solutions that benefit both sides, based on the spirit of harmonized interests and shared risks,” the ministry said, adding that Greer expressed confidence that the two sides “would soon reach suitable solutions to foster stable and mutually beneficial economic and trade relations.”

Vietnam is one of the world’s most trade-dependent economies, with its exports in 2023 accounting for more than 87 percent of gross domestic product (GDP), according to the World Bank.

Trump’s 46 percent tariff on Vietnamese exports is among the highest tax rate imposed on a trading partner under his so-called “reciprocal” tariffs.

Since Trump announced a 90-day pause on most of his steepest tariffs on April 9, Vietnamese exports, like those from dozens of other countries, have been subject to a baseline duty of 10 percent.

Vietnam had a $123.5bn trade surplus with the US last year, the fourth-largest imbalance after China, the European Union and Mexico.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

What is the Golden Dome defence system Trump announced? | Conflict News

May 21, 2025

What’s South Africa’s land law at the heart of the Trump-Ramaphosa spat? | Donald Trump News

May 21, 2025

US Supreme Court clears way to end TPS for Venezuelans: What it means? | Donald Trump News

May 21, 2025

Russia-Ukraine war: List of key events, day 1,182 | Russia-Ukraine war News

May 21, 2025

US judge indicates deportations to South Sudan likely violated court order | Donald Trump News

May 20, 2025

US judge indicates deportations to South Sudan likely violated court order | Donald Trump News

May 20, 2025
Add A Comment
Leave A Reply Cancel Reply

Don't Miss
Billionaires

Elon Musk Will Stay Tesla CEO For Next Five Years And Cut Political Spending

May 20, 2025

Topline Elon Musk on Tuesday said he’s committed to being Tesla’s chief executive for the…

Meet The Saudi Real Estate Tycoon Partnering With The Trump Family

May 20, 2025

Billionaires Who Got Rich Working For Others

May 19, 2025

Here’s How Much Selena Gomez-Actress, Singer, Entrepreneur-Is Worth

May 13, 2025
Our Picks

UnitedHealth paid nursing homes to reduce hospital transfers: Report | Business and Economy

May 21, 2025

What is the Golden Dome defence system Trump announced? | Conflict News

May 21, 2025

Over boos, Columbia University president notes Mahmoud Khalil’s absence at graduation

May 21, 2025

PCB drops Shaheen, Azam and Rizwan for Bangladesh T20s – Sport

May 21, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to World-Forbes.com
At World-Forbes.com, we bring you the latest insights, trends, and analysis across various industries, empowering our readers with valuable knowledge. Our platform is dedicated to covering a wide range of topics, including sports, small business, business, technology, AI, cybersecurity, and lifestyle.

Our Picks

The latest Google Gemma AI model can run on phones

May 20, 2025

Last Week to exhibit your startup at Sessions: AI | TechCrunch

May 20, 2025

You’ve got 6 days to save $900 on Disrupt 2025 tickets

May 20, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
© 2025 world-forbes. Designed by world-forbes.

Type above and press Enter to search. Press Esc to cancel.