Deputy Minister of Industry and Trade: There will be solutions to handle reciprocal taxes with the US

Import tax on reciprocal imported by the US with more than 180 trading partners, fluctuating 10-50%. Vietnam is among the groups of countries with the highest tax rate with the tax rate of 46%. This tax rate is given to "reciprocating" with Vietnam's import tax that is applying to US goods, which is about 90%, according to the country's calculation.

At the regular press conference on the afternoon of 4/4, Deputy Minister of Industry and Trade Nguyen Birthday Tan said, "It is necessary to be very calm, if assessing the situation in a negative way will not be complete".

He said that operating will have a timely solut...
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