Reported 1 day ago
U.S. and Vietnamese businesses have requested the Trump administration to delay an upcoming 46% tariff on Vietnamese goods, arguing that it could negatively affect their operations and bilateral trade relations. In a letter to Commerce Secretary Howard Lutnick, the Vietnam Chamber of Commerce and Industry and the American Chamber of Commerce emphasized the potential harm of such a high tariff and advocated for lower tariffs to benefit both economies. This follows a productive discussion between President Trump and Vietnamese leader To Lam about removing tariffs and addressing trade imbalances.
Source: YAHOO