Vietnam's Deputy PM Visits US Amid Looming Tariffs

In response to the U.S. government's announcement of a significant 46-percent tariff on imports from Vietnam, Deputy Prime Minister Ho Duc Phoc is scheduled to visit the U.S. with a delegation of Vietnamese business executives. This trip, which is seen as an emergency measure, aims to negotiate a balanced agreement to mitigate the adverse effects of the tariffs on key Vietnamese exports, including electronics and textiles. The U.S. tariffs are part of a broader strategy under President Trump, which includes a 10-percent tariff on all countries, with specific higher rates for those with significant trade deficits. Vietnamese officials expressed surprise at the steep tariff, having previously hoped for a much lower reciprocal rate. The delegation plans to meet with representatives from American industries, including Boeing and major banks, to foster dialogue and seek solutions. This visit highlights the urgent need for Vietnam to address its trade relationship with the U.S., its largest export market.