6 days ago
US Will Not Give Vietnam Reprieve on Tariffs, Lutnick Says
Washington will not reciprocate even if Hanoi removes all tariffs on American goods, according to US Secretary of Commerce Howard Lutnick, as he said Vietnam re-exports a significant volume of Chinese products to the US.
'Absolutely not, absolutely not. That would be the silliest thing we could do,' Lutnick said when Republican Senator John Kennedy asked him whether the US will respond in kind if Vietnam decides to eliminate all tariffs and trade barriers against American imports, and calling a potential agreement like that 'a terrible deal.'
