On April 4, 2025, in response to a reporter's question asking for Vietnam's reaction to the United States' announcement of its decision to impose reciprocal tariffs on Vietnamese exports to the United States, Spokesperson of the Ministry of Foreign Affairs of Vietnam Pham Thu Hang stated:
“Vietnam regrets the US announcement of its decision to impose reciprocal tariffs on Vietnamese exports to the US.
Spokesperson of the Ministry of Foreign Affairs of Vietnam Pham Thu Hang. |
We believe that the above decision is not consistent with the reality of mutually beneficial economic and trade cooperation between the two countries, does not reflect the spirit of the Comprehensive Strategic Partnership for peace, stability, cooperation and development, and will negatively impact bilateral economic and trade relations and the interests of the people and businesses of the two countries if applied.
In recent times, Vietnam has actively exchanged and discussed specific measures with the United States to remove obstacles, promote bilateral economic and trade cooperation, and move towards fair, sustainable trade and harmonizing the interests of both sides.
Vietnam will continue to coordinate and exchange with the US side in a constructive and cooperative spirit to find practical solutions, contributing to the stable and sustainable development of bilateral economic relations, meeting the interests of the people and businesses of the two countries."
Early morning of April 3 (Vietnam time), US President Donald Trump announced import tax rates for more than 180 economies, of which Vietnam will be subject to a rate of 46%.
Mr. Trump also said that he would apply a 10% import tax on all imports into the US, starting April 5. That means all countries and territories will be subject to this common 10% import tax. Then, from April 9, the country's largest trading partners will be subject to a higher reciprocal tax, according to the table Mr. Trump announced.
Also at the regular press conference of the first quarter of 2025 of the Ministry of Finance on the afternoon of April 3, Deputy Minister of Finance Nguyen Duc Chi emphasized: Vietnam has been very proactive in reviewing and adjusting import tax rates for many goods, especially imported goods from the United States. This is not only to respond appropriately to the new tax policy of the United States but also to move towards a more sustainable trade balance.
"We need to persistently seek solutions and continue to discuss with the United States to achieve a reasonable trade balance, but should follow the direction of mutual development rather than narrowing trade. The most important thing is to ensure the interests of businesses and consumers of the two countries," Deputy Minister Nguyen Duc Chi shared.
Source: https://thoidai.com.vn/viet-nam-tiep-tuc-phoi-hop-va-trao-doi-voi-hoa-ky-212187.html
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