Vietnam is ready to negotiate with the U.S. on import timber tariffs.

Source: vnexpress.net "Vietnam is ready to exchange with US agencies and resolve difficulties, ensuring the review of related information in an objective, fair, and appropriate manner in line with international conventions, thereby facilitating the promotion of economic, trade, and investment cooperation between Vietnam and the US," said Foreign Ministry spokesperson Pham Thu Hang at a press conference on October 16, when asked about the US imposing tariffs on imported wood and wooden products. Ms. Hang affirmed that Vietnam is committed to promoting trade activities in a fair, transparent manner, while protecting the legitimate rights and interests of businesses producing and trading in Vietnam. US President Donald Trump announced on September 29 the imposition of a 10% import tariff on sawn wood and round wood, 25% on kitchen cabinets, bathroom cabinets, and upholstered wooden furniture. These tariffs took effect on October 14. For countries that have not reached a trade ...