Vietnam open to boosting US agricultural imports
Vietnam ready to boost US farm imports amid tariff concerns
According to Reuters, agricultural products accounted for more than a quarter of U.S. exports to Vietnam last year, with shipments including cotton, soybeans, and tree nuts, totaling $3.4 billion. Vietnam's average import duty stands at 9.4%, according to the World Trade Organization, which is among the higher rates compared to U.S. tariffs.
Vietnam Says It Is Ready to Engage With US on Tariffs
"Vietnam stands ready to discuss with the U.S. in a constructive manner," the spokesperson told a regular press conference when asked about risks of new tariffs for Vietnam. The spokesperson added Vietnam was also available to discuss the new tariffs on steel to find solutions in the interest of both parties.
Vietnam is ready to engage with the United States to discuss the new tariffs on steel imposed by Washington and to avoid ...
Vietnam said it is ready to open its market and increase imports of US agricultural products. Read more at straitstimes.com.
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