Deputy Minister of Industry and Trade talks about the impact of US President Donald Trump's trade policies

Báo An ninh Thủ đôBáo An ninh Thủ đô05/03/2025


ANTD.VN - Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said that some new policies of the United States, especially tax imposition, will impact the whole world and Vietnam is no exception, although the impact is not too strong...

Thứ trưởng Bộ Công Thương Nguyễn Sinh Nhật Tân trả lời báo chí
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan answers the press

At the Government press conference on the afternoon of March 5, the press asked the leaders of the Ministry of Industry and Trade to provide information on the impact of the trade policies that US President Donald Trump has recently introduced on Vietnam and our country's response policies and solutions.

Responding, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said that as soon as US President Donald Trump was elected, the Prime Minister directed ministries and branches to proactively study the policies and action plans that Mr. Trump expected to take when he took office. The Ministry of Industry and Trade has coordinated with ministries and branches to have many reports and forecasts on this story.

Right from the beginning of 2025, the Government's meetings also included the assessment of the world situation, mentioning the fluctuations in the world market, along with some policies affecting the United States. Thus, the Government proactively anticipated the incident and proposed solutions.

Up to now, the US President has had a number of policies, especially regarding the issue of tax imposition, imposing taxes on all goods in the world, but at the same time there are also goods with different tax rates, and at the same time imposed on different countries.

“We are not outside, and are affected by this. However, there are many countries that are more strongly affected, we are not the country that is most strongly affected...” – Deputy Minister Nguyen Sinh Nhat Tan said.

Regarding Vietnam's response solutions, the leader of the Ministry of Industry and Trade said that the Ministry has coordinated promptly with ministries and branches, and the ministries and branches themselves have been very proactive in having both summary and individual reports to report to the Government. It is expected that this March, the Government will hold a meeting to discuss key and central topics.

In particular, through the US Embassy in Vietnam and the Vietnamese Embassy in the United States, the Ministry of Industry and Trade has proactively conveyed a message to the United States about its desire to maintain and build a harmonious, sustainable, mutually beneficial economic and trade relationship with the United States; at the same time, affirming that Vietnam does not have any policies that could harm US workers or national security.

The Deputy Minister of Industry and Trade added that it is expected that next weekend (March 13), the Minister of Industry and Trade will meet with the US Trade Representative to discuss and continue the very good relationship between Vietnam and the United States.

As for businesses, the Ministry of Industry and Trade has proactively coordinated with industries to prepare to respond to different scenarios.



Source: https://www.anninhthudo.vn/thu-truong-cong-thuong-noi-ve-tac-dong-tu-cac-chinh-sach-thuong-mai-cua-tong-thong-my-donald-trump-post605207.antd

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