Vietnam Eyes Tariff Deal Soon, as US Seeks to Cut Huge Trade Deficit - New Straits Times Online
- Vietnam and the United States are nearing a trade agreement, aiming for a quick signing, according to Deputy Prime Minister Bui Thanh Son.
- Negotiations focus on exempting certain Vietnamese goods from U.S. tariffs, which currently stand at 20%, as stated by Son.
- Assistant Secretary of State Michael DeSombre emphasized that the trade deal should promote fair trade and reduce the U.S. trade deficit.
- Vietnam's delegation, led by Trade Minister Nguyen Hong Dien, is working on the list of tariff exemptions, hoping to finalize the deal potentially by December.
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11 Articles
Vietnam Pushes for Swift Trade Deal as U.S. Targets Massive Deficit
Vietnam and the United States are moving closer to a bilateral trade agreement, with Deputy Prime Minister Bui Thanh Son saying on Wednesday that both sides aim to sign the deal soon. Negotiations in Washington this week follow an October pledge to finalise an accord that would maintain a 20% U.S. tariff on Vietnamese imports […] The post Vietnam Pushes for Swift Trade Deal as U.S. Targets Massive Deficit appeared first on Modern Diplomacy.
Vietnam aims to finalise US trade agreement before year-end - The New Nation
Reuters: Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of talks gets underway in Washington. In October, both countries agreed to finalise a deal within weeks that would maintain U.S. tariffs of 20 percent on Vietnamese goods but exempt some products from duties imposed by U.S. President Donald Trump in August. Speaking at a conference in Hanoi, Son…
This is the 8th direct ministerial-level negotiation session between the two countries, taking place right before the official technical-level negotiation session which will take place from November 12 to 14 in the US capital.
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