US President Donald Trump said the Vietnamese leader to Lam is ready to eliminate customs duties to avoid punishing the new American duties imposed on the imports of the southern state in Southeast Asia.
“Vietnam told me that Vietnam wants to reduce their tariffs to scratch if they can make an agreement with the United States,” Trump said in the United States.
Vietnam had earlier asked the Trump administration to hold a 46 percent planned tariff on Vietnamese products for up to three months to enable negotiations.
The “mutual definitions” announced on Wednesday impose some of the highest charges on Southeast Asian countries, which have become alternatives to manufacturing and exporting China.
Cambodia, which faces a 49 percent American tariff, said on Friday that it would carry out its own duties on American goods, while Indonesia has pledged to reduce its commercial bases.
The Deputy Prime Minister, Doc Fook, said after meeting officials and companies to discuss how to deal with customs tariff issues, according to a statement on the government’s website, that Vietnam will continue to pressure for more purchases from the United States, according to a statement on the government’s website. She said that export companies recommend maintaining their current prices while waiting for more negotiations.
adxpro.online