Vietnam committed to working with US to achieve trade balance: Govt

Following the recent US decision to impose a 46-per cent reciprocal tariff on imports from Vietnam, the latter’s deputy finance minister Nguyen Duc Chi said his country is committed to working with the former to achieve a trade balance that benefits consumers on both sides. The new US tariff is substantially higher than the current rate and will affect Vietnam's production, a senior official said.

Apr 6, 2025 - 06:23

Vietnam committed to working with US to achieve trade balance: Govt

Following the recent US decision to impose a 46-per cent reciprocal tariff on imports from Vietnam, the latter’s deputy finance minister Nguyen Duc Chi said his country is committed to working with the former to achieve a trade balance that benefits consumers on both sides. The new US tariff is substantially higher than the current rate and will affect Vietnam's production, a senior official said.