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First country ready to cut tariffs down for US and awaits deal - Trump

First country ready to cut tariffs down for US and awaits deal - Trump Photo: Donald Trump, President of the United States (Getty Images)
Author: Oleh Velhan

Vietnam is ready to completely scrap tariffs for the United States. This may become possible after an agreement between the two countries, according to US leader Donald Trump and his statement via Truth Social.

Trump reported that he had held talks with the General Secretary of the Communist Party of Vietnam, To Lam. According to him, Lam stated that Vietnam is ready to reduce its tariffs to zero.

"Vietnam wants to cut their tariffs down to zero if they are able to make an agreement with the US. I thanked him on behalf of our country, and said that I look forward to a meeting in the near future," said the US president.

New Trump tariffs

US President Donald Trump imposed new tariffs on imported goods from all countries, effective April 2, 2025. These tariffs range from 10% to 50%, depending on the country importing the goods.

In particular, a 10% tariff has been set for Ukraine. Canada has already reacted to these measures by imposing a 25% tariff on cars coming from the US.

The United Kingdom also prepared a response, releasing a list of 8,000 US products that could be subject to tariffs. This list includes various items, "from binoculars to bourbon whiskey."

When Trump imposed new tariffs on imported goods from various countries, he did not even spare the uninhabited islands where penguins live.