Vietnam Makes Trade Concessions to U.S. to Avoid Upcoming Tariffs
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LN24 / 1 year
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- 3 min read
This week, Vietnam made several trade concessions to the United States to prevent the Trump administration from imposing tariffs next week. According to Vietnam’s Ministry of Finance, the tariff on U.S. liquefied natural gas (LNG) will decrease from 5% to 2%, duties on cars will drop to 32% from 45%-64%, and the tariff on ethanol […]