“For me, it is a great honor to announce that I have just concluded a trade agreement with the Socialist Republic of Vietnam after talking with that Lam, venerable General Secretary General of the Communist Party of Vietnam [и президентом Вьетнама]. This will be a large agreement on cooperation between our two countries, ”Trump said.
According to him, Vietnam will pay the United States 20 percent duties for all goods entering the country and 40 percent-for any overload.
At the same time, the American president emphasized that Vietnam should provide the United States with full access to their markets, which means that Americans will be able to sell “products in Vietnam at zero tariff.”
He added that dealing with the Secretary General of Lam “was an absolute pleasure.”
Context
After taking office, Trump introduced duties for more than 60 trading partners, using them as a pressure lever in trade negotiations, Politico recalled. In particular, he indicated that he raises duties on goods from Vietnam by 46%.
The importers began to pay the basic fee from April 5, and higher rates for different partners began to operate on April 9. The American leader noted that the American authorities have introduced “relevant tariffs” for all countries in the amount “about half of what they are levied from us.”
On April 4, Trump stated that he was ready to reduce import tariffs if other countries offer him something “phenomenal”. He later said that Lam wants to reduce his trade tariffs to zero in exchange for an economic agreement with Washington.
On April 7, Vietnam invited the United States to delay the introduction of duties against the country by at least 45 days while negotiations will continue, and increase the procurement procurement procurement.
According to Reuters, Vietnam is a large regional base for many Western companies. Last year, the country's surplus reached more than $ 123 billion received from the trade balance from the USA – the largest export market of Vietnam.
