Reported about 7 hours ago
Vietnam's Prime Minister announced plans to negotiate new trade deals this year, particularly with Latin America's Mercosur and Gulf Cooperation Council, to mitigate the impact of U.S. tariffs on Vietnamese exports. The United Nations estimates these tariffs could reduce exports to the U.S. by up to 20%, prompting Vietnam to seek diversification in its trade partnerships while continuing discussions with the U.S. to address trade concerns.
Source: YAHOO