Vietnam is reviewing duties on US LNG, high-tech products, PM says

1 month ago 8

Rommie Analytics

Vietnam is reviewing its duties on U.S. goods, including on liquefied natural gas, agriculture and high-tech products, Prime Minister Pham Minh Chinh told the U.S. ambassador to the country, a report on the government's website said. The Southeast Asian industrial hub, which is heavily reliant on exports to the United States and has a large trade surplus with Washington, is scrambling to avoid reciprocal tariffs that the Trump administration has threatened globally to reduce America's trade deficit. Chinh said "relevant ministries, sectors and agencies are actively reviewing import tariffs on goods from the United States, encouraging increased imports of key...
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