First Major Country Blinks, Offers To Eliminate All Tariffs On US Goods

President Donald Trump said Friday morning that Vietnam’s top leader, Tô Lâm, had expressed openness to eliminating tariffs entirely in order to avoid the impact of newly imposed U.S. duties on Vietnamese imports. Trump described the exchange as a “very productive” phone call, stating that Tô Lâm indicated Vietnam would be willing to reduce tariffs to zero if a broader trade agreement could be reached. The remarks quickly drew attention from markets and policymakers, signaling a possible shift in U.S.–Vietnam trade relations at a moment of wider economic uncertainty. Trump shared details of the conversation in a social media post,... Continues…

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