The US imposes a 46% tax, the Prime Minister requests calmness, courage, and proactive countermeasures

Meeting scene. Photo: VIET CHUNG

After listening to the delegates’ opinions, Prime Minister Pham Minh Chinh emphasized that the current situation shows that trade competition is becoming more fierce, complicated, and unpredictable. In recent times, Vietnam has made great efforts to implement synchronous and comprehensive solutions in politics, diplomacy, economy, and people-to-people exchange to cope with the situation.

The US's imposition of a 46% reciprocal tax on Vietnamese goods is not consistent with the good relations between the two countries, the wishes of the people on both sides, and Vietnam's efforts in recent times.

The Prime Minister requested ministries and branches to be calm, courageous, and have proactive, flexible, timely, and effective responses to all developments to continue to overcome difficulties, obstacles, and external shocks as they have done in recent years, in the context of the pandemic, conflicts in many places around the world, and supply chain disruptions.

Along with directing a number of comprehensive, harmonious, reasonable, effective measures, both short-term and long-term, the Prime Minister requested the immediate establishment of a rapid response team on this issue headed by Deputy Prime Minister Bui Thanh Son; assigned Deputy Prime Minister Ho Duc Phoc to chair and direct ministries and branches to organize listening to opinions from businesses, including large export enterprises.

The Prime Minister emphasized that this is also an opportunity to affirm the nation's mettle and strength; an opportunity to restructure the economy towards rapid but sustainable development, greening, digitalization, based on science and technology, innovation; promote the building of an independent, self-reliant economy associated with deep, substantive, and effective international integration; promote market expansion, diversification of markets, products, and supply chains; promote localization; promote exploitation of domestic markets and resources.

The Prime Minister emphasized that the GDP growth target of 8% or more in 2025 remains unchanged.

According to sggp.org.vn

Source: https://baoapbac.vn/kinh-te/202504/hoa-ky-ap-thue-46-thu-tuong-yeu-cau-binh-tinh-ban-linh-co-doi-sach-chu-dong-1038685/