Posted on 04/05/2025 1:56:13 PM PDT by DFG
Vietnamese Deputy Prime Minister Ho Duc Phoc, accompanied by an entourage of Vietnamese business executives, announced an emergency trip to Washington on Wednesday — the day President Donald Trump revealed his “Liberation Day” tariff schedule which included a 46 percent duty on imports from Vietnam.
The Vietnamese delegation is scheduled to arrive on Sunday and remain in Washington until April 14, when it will pay an official visit to Cuba.
In addition to serving as deputy prime minister, Ho Duc Phoc also oversees the Vietnamese finance ministry and state banks. He will be accompanied by executives from companies such as Vietnam Airlines JSC and the VinaCapital Group. The delegation hopes to meet with officials from comparable American industries including Boeing and major U.S. banks.
“The business community hopes that the Government’s prompt response, along with the Deputy Prime Minister’s visit, will pave the way for negotiations leading to a more balanced agreement — easing the burden on businesses amid the current tough business landscape,” the Saigon Times reported on Thursday.
The trip was actually planned before Trump revealed his tariff plans on Wednesday, according to Bloomberg News, which quoted Vietnamese analysts who anticipated a “reciprocal tariff level” of about ten percent. The rate of 46 percent revealed on Wednesday appears to have come as an unwelcome surprise in Saigon, which previously reduced some of its own import levies and made promises to buy more American products to make a favorable impression on President Trump.
(Excerpt) Read more at breitbart.com ...
>> Vietnamese Deputy Prime Minister Ho Duc Phoc
The brother of Ho Lee Phoc
Was this a country that was charging us over 90 percent tariff to begin with.
If Trump can make a deal with Vietnam that would be HUGE since Vietnam imports so many items here
Save the airfare and hotel charges. Easy fix. Just drop your tariffs.
Walter Cronkite says that Trump has already lost this war.
The government is communist, but the people have been learning capitalist economics from institutions like Keuka College with its campi in Hanoi and [Saigon].
Moreover, Viet Nam has a perpetual grudge against China and would rather be part of an ASEAN alliance with all the outside-of-China nations (Japan, ROK, Taiwan, Philippines, Singapore, plus US and Australia) than have to kowtow to their northern neighbor.
In short, the Vietnamese understand what tariffs can do, and want to have the best trade environment with the US, and they also understand that Trump is a businessman who understands business, not a bureaucrat who “understands” can-kicking.
We should let the bastards rot.
Time alters everything...
Vietnam is, probably, our best trading partner in Asia...
They have already said that they will be dropping all tariffs with U.S.
Ha!! Vietnam is at 90% tariff of US Goods!! The can go GFT...
https://www.facebook.com/photo/?fbid=1072667114899079&set=a.635601885272273
Tariffs aren’t really the issue. The surplus of Vietnam’s exports to the US over their imports from the US is the real issue. Much harder to accomplish than matching tariffs.
In Vietnam, the young curse their elders for driving the Americans out. "We could've been Tokyo or Seoul!" they lament.
And I'm confident they can build electronics just as well as China can. Marshall Amplification has a budget line of guitar amps that are built in Vietnam and are perfectly good.
Fixed it. Nice try globalist - fail.
Arrange to meet them in Paris, tariffs take effect.
Have talks last as long as it takes.
Might be related to
Long Duc Dong from the "Sixteen Candles" movie.
Well, seeing how we don't even build a single PCB or microchip in this country, we've got some serious catching up to do.
Sending someone to deal when you’re dealing with a deal maker is smart.
Communism in Việt Nam is the organizing framework of the government. It is a more competent and better organized version of the dictatorships that persist in the world. The Vietnamese could not carry out a Democracy or a representative republic because he Vietnamese are still a clan/family based society. I had a discussion with a young man a few years ago in Khánh Hòa about that and it clarified my own ideas. He asked me why Viêt Nam could have an American style Democracy. I started to fumble with an answer then it hit me--I told him to imagine a Democracy where the citizens elected government legislators and the Executive. Thường- How would you determine which candidate in an election contest to vote for? He thought about it for a minute then answeed," I see what you mean. I would be duty bound to vote for the man closest in kin to my family.
Switzerland and the USA are the two longest lasting Republics as we take the meaning of the term. Both were settled in similar ways, by people leaving their countries, their clans, and their stations to migrate to new lands- the Alpine region for one, North America for the other. In Việt Nam the Southwest is similar and in the South is found the most business minded people in the country because the southwest and to a lesser extent the South, were populated by people leaving their families and clans in the North and setting up shop and homes more as individuals. It is not as clean a division as with North America and Switzerland but it makes a difference. The government is organizationally Communist but it seems to me to be more like an Enlightened Mafia. It is optimum for the nation and the culture. As Việt Nam industrializes and the people become prosperous things will change. This government is much more practical after the old revolutionaries have all died off and is very interested in the people's prosperity. A prosperous and well armed Việt Nam keeps Việt Nam and the rest of SEA from becoming Chinese provinces.
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