Countervailing tax
US announces $166 billion reciprocal tax refund procedure
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The US is accelerating reciprocal tax refunds worth up to 166 billion USD, but warns that the processing process could take up to 45 days.
Take advantage of FTAs, exploit new markets to boost exports
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Faced with the complex and unpredictable world context, with many risks and challenges, the Prime Minister requested ministries, sectors, and localities to have solutions to promote exports; prepare contents to exchange and work with the US side to promote the signing of a balanced and fair reciprocal tax agreement.
Vietnam prepares to work with the US to promote the signing of a reciprocal tax agreement
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The Vietnamese delegation will prepare contents to exchange and work with the US side to promote the signing of a balanced and fair reciprocal tax agreement.
US starts collecting 10% tax, market becomes more chaotic
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The US began to collect 10% tariffs on most imports from 0:00 on February 24, lower than the 15% figure announced by Mr. Trump.
Europe warns new US tariffs violate trade agreement
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Europe warned when the new US tax policy pushed tariffs on many exported goods beyond the agreed limits.
US officially stops counterpart tax collection from February 24
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The US officially stopped collecting counterpart taxes enacted under the IEEPA Act from 0:01 AM on the 24th, Eastern time.
The world closely monitors US new tariff strategy
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The world is closely monitoring the next move of the US after the emergency tariff policy was invalidated by the US court.
Mr. Trump announces global tariff increase to 15%
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Mr. Trump said he would raise the temporary tariff applied to almost all imports into the US from 10% to 15%.
President Donald Trump orders 10% global tax
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On February 20, President Donald Trump announced a 10% tariff on all imports into the US after a Supreme Court ruling.
Trump's counterpart tax was rejected by the US Supreme Court
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On February 20, the US Supreme Court ruled that Mr. Trump had violated federal law by unilaterally imposing a global counterpart tax.
US hopes to soon complete reciprocal tax negotiations with Vietnam
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Foreign Minister Marco Rubio wished Vietnam and the US to soon complete reciprocal tax negotiations, creating a framework to promote bilateral cooperation.
Vietnam - US reciprocal trade agreement negotiations enter decisive phase
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General Secretary To Lam welcomed the positive results achieved in the negotiation process of the Vietnam - US reciprocal trade agreement.
Vietnam proposes the US to expand the list of agricultural products subject to 0% reciprocal tax
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Vietnam proposed that the US Department of Agriculture support expanding the list of Vietnamese agricultural products eligible for a 0% reciprocal tax rate.
Deadline for supporting businesses affected by US counterpart taxes
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The Prime Minister requested that specific support plans for businesses affected by US countervailing tax policies be completed in November.
Vietnam - US negotiate technical aspects of the balanced and fair counterpartition Trade Agreement
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US Deputy Trade Representative Rick switzer acknowledged the positive progress in trade policy, institutional reform, and Vietnam's commitment to international integration.
