This follows the third round of US-Vietnam talks that ended last week. One of the sources said that Vietnam had been asked to "reduce its dependency on Chinese high-tech" and that will be part of the "restructuring of supply chains and would in turn reduce US dependency on Chinese components".
Another source added that the end goal here is to hasten US decoupling from Chinese high-tech while increasing Vietnam's own industrial capacity. For some context, Vietnam houses large manufacturing operations for the likes of Apple, Meta, and Google but often relies on components made in China.
All sources reaffirmed that while the US is pushing Vietnam to reduce its reliance on China, this particular area i.e. high-tech from China was a key priority. Besides that, the US also wants Vietnam to crack down harder on origin washing practices amid the higher tariffs we're seeing.
As a reminder, Vietnam was slapped with an initial 46% tariffs in April and the deadline for negotiations remain until 8 July.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about us reportedly pushes vietnam to reduce reliance on chinese tech in tariff talks was published today ( ) and is available on forex live ( 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 ( US reportedly pushes Vietnam to reduce reliance on Chinese tech in tariff talks )
Also on site :
- Disgraced former Centinela Valley schools Superintendent Jose Fernandez dies
- Gold Star Distribution Inc., Issues Recall of Certain FDA-Regulated Products in Three States Including Drugs, Devices, Cosmetics, Human Foods, and Pet Foods
- Tyler Perry Sued for Sexual Assault By New Accuser, an Actor in a ‘Madea’ Movie