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US imposes taxes
Updated news related to US tariffs
The US imposes a 50% tax on a $14 billion export item in Vietnam.
The decision to impose a 30-50% tax from the US has caused many difficulties for Vietnam's wood exports, especially for kitchen cabinets and bathroom furniture products.
Market
US imposes 20% tax, Nghe An businesses respond flexibly
On August 1, the White House published President Donald Trump's Executive Order adjusting the reciprocal tax rate for 69 countries and territories. The reciprocal tax rate for Vietnam was reduced from 46% to 20%. Thus, from August 7, 2025, goods exported from Vietnam to the US market will be subject to a tax rate of 20%. Nghe An businesses have been and are having many flexible response solutions.
The US imposes a 39% tax on goods imported from Switzerland due to a $48 billion trade deficit. Will gold prices benefit?
US President Donald Trump has imposed a 39% tariff on imports from Switzerland, the highest for a developed country. The reason may lie in refined gold.
World gold price increased to a record high after news that the US imposed import tax on 1kg gold bars
US gold futures prices hit a record high after news of a tax on imported 1kg gold bars, causing the market to fluctuate and the price difference to exceed 100 USD.
Nghe An businesses 'turn pressure into motivation' when the US imposes 20% tax
The US imposing a 20% tax on a series of products originating from Vietnam instead of the initially planned 46% rate has helped businesses "breathe easier". And to develop sustainably, the Nghe An business community is adjusting its production and export strategies to cope with the new situation.
US imposes tariffs on Asian allies
President Trump will impose new reciprocal tariffs of 15% on Japan and 19% on the Philippines, according to the agreement the US has just reached with these countries.
The US will impose 500% tariffs on Russia's partners.
US Senator Lindsey Graham said the US will impose a 500% tax on countries that buy goods from Russia and do not help Ukraine.
President Trump announces plan to reduce tariffs on Chinese goods
April 23, 2025 07:11
President Trump said US tariffs on Chinese goods will be reduced, but not eliminated.
US begins 'soft dialogue' with China on trade
April 14, 2025 06:30
The US Secretary of Commerce said that the US and China are starting "soft dialogue" with each other on trade issues between the two countries.
Vietnam, US agree to launch negotiations on reciprocal trade agreement
April 10, 2025 07:36
On the afternoon of April 9 (local time), within the framework of his visit to the United States as Special Envoy of General Secretary To Lam to discuss bilateral economic and trade issues, Deputy Prime Minister Ho Duc Phoc met with US Trade Representative Jamieson Greer.
China vows to retaliate against new US taxes
April 9, 2025 10:34
Chinese experts say that imposing new tariffs emphasizes America's hegemonic mindset.
Trump suddenly 'hits the stick', the world is shocked by new tariffs
April 4, 2025 19:42
President Donald Trump, in a move that stunned the world, announced the imposition of reciprocal tariffs on imported goods, a decision he described as "fair play for America".
Many countries are 'boiling' because the US imposes new taxes, except Russia
April 3, 2025 21:02
The new import tariffs on the US introduced by President Donald Trump include 180 countries. However, Russia, Canada and Mexico are not among them. Many countries are "boiling" in reaction, of course Russia is not interested in this issue but is focusing on other issues, including the conflict with Ukraine.
Backlash against Trump's tax blow
April 3, 2025 15:00
A number of countries, which are major trading partners of the United States, have reacted immediately to the new reciprocal tariff announcement made by US President Donald Trump. Irish Prime Minister Michael Martin called the US reciprocal tariff imposition on his country and many other countries “unjustified”.
Trump's new global tariffs could backfire on the US economy
April 3, 2025 09:29
Experts say that President Trump's imposition of new global taxes will disrupt the world economy and be counterproductive to the US economy.
US President imposes reciprocal tariffs of up to 46% on Vietnam
April 3, 2025 08:15
At 2:00 a.m. on April 3, US President Donald Trump imposed a reciprocal tariff of 10% on more than 180 economies, with Vietnam paying 46%, the highest among dozens of economies subject to reciprocal tariffs.
Mr. Trump stated the conditions for reducing taxes on Chinese goods.
March 27, 2025 07:05
President Donald Trump said the US could ease tariffs on Chinese goods if the TikTok deal goes through.
New Canadian Prime Minister Rejects the Possibility of Being 'Part' of the US
March 15, 2025 11:02
Canadian Prime Minister Mark Carney has ruled out a merger with the United States and said he will seek to resolve trade tensions with Washington.
EU ready for trade war with US
February 12, 2025 06:28
The EU is ready for a trade war with the US, but President Trump has never won previous wars.
The White House boss's pragmatic calculations
February 4, 2025 20:59
Calling the United States Agency for International Development (USAID) a criminal organization in disguise, US President Donald Trump, with the "advice" of billionaire Elon Musk, decisively dissolved USAID by merging it into the US State Department. Along with that, he began calculating new tax rates for the EU and neighboring countries. He also proposed a number of steps to resolve the Russia-Ukraine conflict. All of which demonstrate the White House owner's pragmatism.
Canada may impose tariffs on the US in response to Mr. Trump
January 16, 2025 09:23
Canada could impose tariffs of $105 billion on US goods, in retaliation for Mr Trump imposing tariffs on Canada.
World last week: Warning about 'time bombs'
September 20, 2020 07:40
(Baonghean.vn) - The World Trade Organization (WTO) has ruled that the additional tariffs imposed by the US on Chinese goods in 2018 violated international trade rules. This move has dealt a heavy blow not only to the US-China trade war, but also to the relationship between the US and the WTO. The European Parliament announced that Belarusian President Lukashenko will no longer be recognized as president starting in November when he leaves office. These are the outstanding international news of the past week.
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