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counterpart tax
Updates on counterpart tax
US court blocks reciprocal tax, President Trump declares tax still in effect
According to local media, a US federal appeals court on August 29 ruled that US President Donald Trump's "reciprocal" tax measures were illegal, affirming that he did not have the authority to unilaterally impose taxes based on emergency powers without congressional approval.
International
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.
Gold price on August 1, 2025: Domestic and world gold prices remain high on the day the US fully announced reciprocal taxes
Gold price on the afternoon of August 1, 2025: Domestic gold price and world gold price remain high. The market is waiting after the US fully announces the corresponding tax rate.
What goods does Vietnam open to the US?
With successful reciprocal tax negotiations, Vietnamese goods are facing a golden opportunity to penetrate deeper into the world's largest market.
After the reciprocal tax negotiations, how many items imported from the US will have 0% tax?
Vietnam's commitment to provide preferential market access for US goods through a 0% import tax policy for many product groups is creating strong fluctuations in the domestic market.
The US imposes the latest reciprocal tariffs on 14 countries, the most surprising tax rates come from these countries
US President Donald Trump has announced new reciprocal tariffs on imported goods from 14 countries, effective from August 1.
Bessent: 100 countries will be subject to a 10% reciprocal tax
US Treasury Secretary Scott Bessent revealed that about 100 countries are likely to be subject to a minimum 10% reciprocal tariff after July 9.
Trump announces new reciprocal tariffs with 14 countries, extends negotiations until August 1
July 8, 2025 09:17
President Trump has announced the first round of US tariffs on 14 countries, delaying them until early August to allow more time for negotiations.
President Trump: The United States will significantly cut reciprocal tariffs on many Vietnamese exports
July 2, 2025 22:15
At 8:00 p.m. on July 2, 2025 (Vietnam time), General Secretary To Lam had a phone call with US President Donald Trump about Vietnam-US relations and negotiations on reciprocal taxes between the two countries.
Prime Minister: Continue to consider and resolve the concerns of the US side
June 28, 2025 16:18
On the afternoon of June 28, Prime Minister Pham Minh Chinh chaired a meeting to continue reviewing and resolving the US's concerns related to economics, trade, and investment.
Nghe An strengthens risk management measures in the context of the US imposing reciprocal tariffs
June 23, 2025 17:05
On the afternoon of June 23, the Nghe An Regional Import-Export Management Department organized a training conference on rules of origin and instructions for declaring non-preferential certificates of origin - Risk management measures in the context of the US imposing reciprocal tariffs.
Remove the 'river and market ban' for the second time
April 28, 2025 10:42
On the morning of April 3, 2025 (Vietnam time), the Trump administration suddenly announced a 46% reciprocal tax on Vietnamese goods exported to the US. With export turnover to the US reaching 119 billion USD (nearly 30% of total exports), this tax could seriously affect Vietnam's economy.
President Trump says tariffs could replace income tax
April 16, 2025 11:05
The US President asserted that his trade policy could generate billions of dollars in revenue.
The reciprocal tax war makes President Trump 'forget' the EU and NATO
April 11, 2025 20:56
While Britain and France lead a “coalition of the willing” of EU and NATO member states seeking to bolster support for Ukraine against Russia, at the White House, the US President is experiencing and assessing the level of reaction of countries affected by the reciprocal tariffs and the White House leader’s announcement. This shows that Mr. Trump seems to have “forgotten” the EU, NATO and the conflict.
Opening the 'steel door' in Vietnam - US trade relations
April 11, 2025 08:33
With Vietnam and the United States agreeing to negotiate a bilateral trade agreement including tariffs, Deputy Prime Minister Ho Duc Phoc, Special Envoy of General Secretary To Lam, Head of the Vietnam Special Working Group, has opened the "steel door" that had long been closed, successfully completing the tasks and goals assigned by the Party, State and Government leaders.
Trump postpones reciprocal tariffs because 'people are worried'
April 10, 2025 15:00
At a White House press conference, Mr. Trump said he had delayed the tariffs because “people were a little nervous.” “No other president has done what I did. You have to have flexibility in policy,” he said.
US postpones reciprocal tariffs for 90 days, increases tariffs to 125% with China
April 10, 2025 05:39
President Donald Trump unexpectedly announced a temporary suspension of high import tariffs on most of America's trading partners for 90 days, but increased reciprocal tariffs on China to 125%.
Gold price today April 10, 2025: Domestic and world gold prices increase continuously because the corresponding tax takes effect
April 10, 2025 04:30
Gold price today April 10, 2025: Domestic gold price and world gold price increased continuously because of the corresponding tax applied to more than 85 countries and territories. Specifically, domestic gold price reached nearly 102 million and world gold price exceeded 3050 USD.
Nghe An: Highlights on April 8
April 8, 2025 17:10
Nghe An announces the exam structure for Phan Boi Chau High School for the Gifted; 12 boarding houses must stop operating because they do not ensure fire safety... are the highlights of April 8.
Revealing how South Korea persuaded the US to reduce reciprocal tax from 26% to 25%
April 4, 2025 16:38
The South Korean government has persuaded the Trump administration to ease reciprocal tariffs on the country ahead of their official announcement.
US 'Reciprocal' Tariffs: The End of Neoliberalism?
April 4, 2025 09:00
After weeks of uncertainty and speculation, President Donald Trump made good on his threats of reciprocal tariffs on April 2, announcing a basic 10% tariff on imports from all countries, while also imposing higher tariffs on dozens of countries with trade surpluses with the United States.
Global stock markets crash after Trump's reciprocal tariffs
April 3, 2025 10:53
Global stock markets crashed after US President Donald Trump announced higher-than-expected reciprocal tariffs, particularly targeting the technology sector.
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