As of April 10, 2025, significant progress has been made in tariff negotiations between the United States and Vietnam, with both sides striving to alleviate tensions arising from the trade surplus. #特朗普暂停新关税 #加密市场反弹

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🇺🇸 The United States suspends the 46% tariff on Vietnam

After a meeting between Vietnamese Deputy Prime Minister Hu Duc Phu and U.S. Trade Representative Jamison Greer in Washington, the United States decided to suspend the 46% "reciprocal" tariff that was set to take effect on April 9. Both sides agreed to initiate trade agreement negotiations aimed at eliminating non-tariff barriers and deepening bilateral economic cooperation.  

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🇻🇳 Vietnam proposes to reduce tariffs on U.S. goods to zero

The Vietnamese government expressed its willingness to reduce tariffs on U.S. goods to zero in exchange for the United States lifting high tariffs on Vietnamese exports. Vietnamese Deputy Prime Minister and Foreign Minister Pham Minh Chinh proposed this during a meeting with the U.S. Ambassador and requested that the implementation of the new tariffs be postponed for 45 days.  

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📦 Vietnam expands imports from the U.S. to balance trade

To reduce the trade surplus with the U.S., Vietnam plans to increase imports from the United States, including defense and security products. Vietnamese Prime Minister Pham Minh Chinh stated during a cabinet meeting that the delivery of aircraft ordered from the U.S. would be expedited, and monetary policy, exchange rates, and non-tariff barriers would be reviewed to ensure that the origin labeling of export products meets requirements.  

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