President Trump on Friday revealed that Vietnam is willing to drop their tariffs to zero.
Trump imposed a massive 46% tariff on Vietnam in response to the country’s tariffs on exports to the US.
Chinese companies and retailers have used Vietnam as a shelter to circumvent the US’s trade war with China.
Vietnam can’t handle Trump’s tariffs so they are willing to drop their tariffs down to zero if they are able to make an agreement.
“Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S. I thanked him on behalf of our Country, and said I look forward to a meeting in the near future,” Trump said on Friday.
On Thursday evening, Trump told reporters aboard Air Force One that every country is already calling the White House in response to his reciprocal tariffs.
On Wednesday President Trump signed an executive order imposing reciprocal tariffs on dozens of countries.
Trump announced the implementation of a 10% baseline tariff on all imports, effective April 5, 2025.
“For too long, other nations have taken advantage of our open markets while imposing barriers to our products. Those days are over,” the President said.
The White House released a detailed chart showing how badly many countries have been ripping off American workers, charging high tariffs on U.S. goods while benefiting from America’s generosity in return.
Trump told reporters that every country has called the White House in response to his tariffs.
“Every country’s called us. That’s the beauty of what we do … if we would have asked some of these countries, almost, most of these countries, to do us a favor they would have said no. Now, they’ll do anything for us,” Trump said.
When asked if he is open to deals, Trump responded, “It depends.”
“Tariffs give us great power to negotiate,” Trump said.
WATCH:
Trump on tariffs: “Every country’s called us. That’s the beauty of what we do … if we would have asked some of these countries, almost, most of these countries, to do us a favor they would have said no. Now, they’ll do anything for us.”
Asked if open to deals, “It depends.”… pic.twitter.com/xidyYlSf8o
— Kit Maher (@KitMaherCNN) April 3, 2025
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