29-March-2025
Corporate News
 
Vietnam to Cut Duties on US Imports, Approve Starlink as Trump Tariff Decision Looms
26-Mar-2025

Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries to avoid being hit with U.S. tariffs because of its large bilateral trade surplus. The Southeast Asian industrial hub announced in past weeks a series of measures, including boosting imports, to reduce its trade surplus with Washington, which exceeded $123 billion last year, after U.S. President Donald Trump flagged wide-ranging tariffs on trading partners.

News Source:- https://money.usnews.com/investing/news/articles/2025-03-25/vietnam-says-to-cut-tariffs-on-several-u-s-products