Vietnam's Ministry of Foreign Affairs speaks out about the US imposing a 46% reciprocal tax

The Vietnamese Ministry of Foreign Affairs said the decision to impose taxes is not consistent with the reality of mutually beneficial economic and trade cooperation between the two countries and does not reflect the spirit of the Comprehensive Strategic Partnership.

Spokesperson of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang. (Photo: BNG)

On April 4, in response to a reporter's question asking about Vietnam's reaction to the United States' announcement of the decision to impose reciprocal tariffs on Vietnam's exports to the United States, Spokesperson of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang stated: "Vietnam regrets the United States' announcement of the decision to impose reciprocal tariffs on Vietnam's exports to the United States."

“We believe that the above decision is not consistent with the reality of mutually beneficial economic and trade cooperation between the two countries, does not reflect the spirit of the Comprehensive Strategic Partnership for peace , stability, cooperation and development, and will negatively impact bilateral economic and trade relations and the interests of the people and businesses of the two countries if applied,” said the Spokesperson of the Vietnamese Ministry of Foreign Affairs.

In recent times, Vietnam has actively exchanged and discussed specific measures with the United States to remove obstacles, promote bilateral economic and trade cooperation, and move towards fair, sustainable trade and harmonizing the interests of both sides.

Vietnam will continue to coordinate and exchange with the US side in a constructive and cooperative spirit to find practical solutions, contributing to the stable and sustainable development of bilateral economic relations, meeting the interests of the people and businesses of the two countries./.

On April 2, President Donald Trump announced a basic 10% tax on imports from all countries and territories around the world and higher tariffs on dozens of countries that have trade surpluses with the United States.

The reciprocal import tax is applied by the United States to more than 180 trading partners. Accordingly, about half of the economies are subject to a common tax rate of 10%, effective from April 5. Major trading partners of the United States will be subject to a higher rate of up to 50%, effective from April 9. Of which, Vietnam is subject to a rate of 46%, among the countries with the highest tax rate along with China, Cambodia, Indonesia, and Myanmar.

(Vietnam+)

Source: https://www.vietnamplus.vn/bo-ngoai-giao-viet-nam-len-tieng-ve-viec-hoa-ky-ap-thue-doi-ung-46-post1024712.vnp