Trump says Vietnam willing to cut tariffs on US goods to ‘zero’ to reach deal
- Vietnam wants to eliminate tariffs on U.S. Goods if an agreement is reached, as announced by President Donald Trump after a call with To Lam, General Secretary of the Communist Party of Vietnam.
- Trump's reciprocal tariffs include a 46-percent tariff on Vietnamese goods effective April 9.
- Nike's stock fell sharply after Trump's tariff announcement due to the company's presence in Vietnam, with 130 factories and 460,000 workers.
- Trump compared his tariff strategy to successful surgery, stating, 'The patient lived, and is healing,' in a post on Truth Social.
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Countries ready to join Trump in meeting -- don't respond with new tariffs
Vietnam and Zimbabwe are poised to withdraw all tariffs against the United States to appease the Trump administration. India is also unlikely to respond to the White House with new tariffs, according to Reuters.
Vietnam offers to remove all tariffs on US after Trump action
Vietnam has offered to remove all tariffs on US imports after Donald Trump announced a 46% levy on the southeast Asian nation, according to an April 5 letter from Vietnam’s communist party. The offer was made by party chief To Lam in a letter to the US president that was seen by Bloomberg. In the letter, Lam requested that the US not apply any additional tariffs or fees on Vietnamese goods and asked to postpone the implementation of the tariff a…
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