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Vietnam is reviewing duties on US LNG, high-tech products, PM says
Reuters ^ | March 13, 2025 | Francesco Guarascio and Khanh Vu

Posted on 03/13/2025 5:43:50 PM PDT by lasereye

Vietnam is reviewing its duties on U.S. goods, including on liquefied natural gas, agriculture and high-tech products, Prime Minister Pham Minh Chinh told the U.S. ambassador to the country, a report on the government's website said.

The Southeast Asian industrial hub, which is heavily reliant on exports to the United States and has a large trade surplus with Washington, is scrambling to avoid reciprocal tariffs that the Trump administration has threatened globally to reduce America's trade deficit.

Chinh said "relevant ministries, sectors and agencies are actively reviewing import tariffs on goods from the United States, encouraging increased imports of key U.S. products that Vietnam needs, especially agricultural products, liquefied gas and high-tech products," the report on the government portal said.

Chinh met U.S. ambassador Marc Knapper on Thursday.

A delegation led by Vietnam's trade minister Nguyen Hong Dien is currently in the United States and plans meetings with top trade and energy officials with the aim of reaching deals, according to a Vietnam's government document seen by Reuters.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: tariffs; trump; vietnam
The Vietnam PM is a realist. Any country that runs large trade surpluses with us cannot possibly come out ahead in a trade war. If they refuse to consider reducing tariffs, it has to be because of non-economic considerations. Maybe they don't want to be seen as giving in to Trump. That could be the case with China. I'm not optimistic about getting them to change their policies.
1 posted on 03/13/2025 5:43:50 PM PDT by lasereye
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To: lasereye

“ Vietnam is reviewing its duties on U.S. goods, including on liquefied natural gas, agriculture and high-tech products, Prime Minister Pham Minh Chinh told the U.S. ambassador to the country, a report on the government’s website said.”
************************************************************

It’s smart to get ahead of potential developments and head off trouble before it arises. And I suspect Trump will appreciate this.


2 posted on 03/13/2025 5:46:56 PM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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To: lasereye

VN is possibly the original Realville..


3 posted on 03/13/2025 5:53:13 PM PDT by RitchieAprile (available monkeys looking for the change..)
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To: lasereye

I believe Vietnamese people are much smarter than Canadian people.


4 posted on 03/13/2025 5:56:20 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: lasereye

Who could have thought, all those years ago, that the dreaded Nam communists would turn out to be closet capitalists?

We should have known better than to try to patch over a French CF and needlessly lose so many men & women in the attempt...
Hindsight can be a bitch...


5 posted on 03/13/2025 6:47:56 PM PDT by SuperLuminal (Where is rabble-rising Sam Adams now that we need him? Is his name Trump, now?)
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To: lasereye

Free up South Vietnam and then we can talk.


6 posted on 03/13/2025 7:00:15 PM PDT by Midwesterner53
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To: lasereye

There is no reason we can’t be very close friends with Vietnam.

There’s huge numbers of Vietnamese emigres (Viet Kieu) in the USA creating many cultural contacts. The people (particularly in the South) are very friendly to the USA. They want a counterweight to China next door. They can provide us many goods, instead of China.


7 posted on 03/13/2025 7:38:00 PM PDT by PGR88
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To: lasereye

The unintentional art of the deal.

People he’s not even mentioned are showing up to try to square things up.


8 posted on 03/13/2025 8:32:39 PM PDT by FrankRizzo890
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To: lasereye

It only took 50 years but we finally won the Viet Nam war.

L


9 posted on 03/13/2025 8:34:58 PM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: FrankRizzo890

An interesting development. Also interesting that the msm mentioned it.


10 posted on 03/13/2025 9:44:57 PM PDT by TheDon (Remember the J6 political prisoners! Remember Ashli Babbitt!)
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To: lasereye

bttt


11 posted on 03/13/2025 9:49:04 PM PDT by linMcHlp
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To: SuperLuminal
Who could have thought, all those years ago, that the dreaded Nam communists would turn out to be closet capitalists? We should have known better than to try to patch over a French CF and needlessly lose so many men & women in the attempt... Hindsight can be a bitch...

Wise words you posted. Some of those lost were my friends.

Oddly US warships now call on port to Vietnam. Vietnam fears China and in effect are defacto allies of the USA.

U.S. warships, including aircraft carriers, have made port calls in Vietnam, with the USS Ronald Reagan visiting Da Nang in June 2023 for a five-day visit, marking only the third such visit since diplomatic relations were established in 1995.

12 posted on 03/13/2025 10:23:40 PM PDT by cpdiii (cane cutter, deckhand, oilfield roughneck, drilling fluid tech, geologist, pilot, pharmacist ,MAGA)
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To: cpdiii
"Wise words you posted. Some of those lost were my friends."

I only wish the bogeyman in my life (USMC 51-57 / 52-53 Korea) had such a reasonable long-term outcome...

13 posted on 03/13/2025 10:45:41 PM PDT by SuperLuminal (Where is rabble-rising Sam Adams now that we need him? Is his name Trump, now?)
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