Vietnam says ready to import more US farm goods
Vietnam open to boosting US agricultural imports as tariff risks rise
Vietnam stands ready to import more farm products from the United States, according to a statement from trade minister Nguyen Hong Dien on Friday, a day after U.S. President Donald Trump said he would start imposing global reciprocal tariffs.
Vietnam 'ready' to import more U.S. farm products, says trade minister
HANOI (Reuters) -- Vietnam stands ready to import more farm products from the U.S., according to a statement from trade minister Nguyen Hong Dien on Friday, a day after U.S. President Donald Trump said he would start imposing global reciprocal tariffs.
Vietnam ready to boost US farm imports amid tariff concerns
According to Reuters, agricultural products accounted for more than a quarter of U.S. exports to Vietnam last year, with shipments including cotton, soybeans, and tree nuts, totaling $3.4 billion. Vietnam's average import duty stands at 9.4%, according to the World Trade Organization, which is among the higher rates compared to U.S. tariffs.
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