Vietnam seeks new trade deals to offset US tariff impact ...Middle East

News by : (Daily Sun) -

The statement came days after estimates by the United Nations Development Programme showed U.S. duties risked slashing by up to one-fifth of Vietnam's exports to the United States, making it the hardest-hit country in Southeast Asia.

He expected exports to grow more than 12% this year. Vietnam's exports in the year to September 15 rose 15.8% from a year earlier to $325.3 billion, according to government data.

He also reiterated that Vietnam would continue trade negotiations with the United States, after the Trump administration imposed a 20% tariff on most Vietnamese goods shipped to the country.

Both issues have been repeatedly raised by U.S. officials as major concerns in their relations with Vietnam.

The White House has also imposed a 40% tariff on goods deemed to be transshipped through Vietnam. That could have a huge impact if Washington decides to set strict limits on foreign components used in exported items, given Vietnam's goods rely heavily on Chinese components. - Reuters

Hence then, the article about vietnam seeks new trade deals to offset us tariff impact was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Vietnam seeks new trade deals to offset US tariff impact )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار