💨 Abstract

Vietnam plans to reduce tariffs on U.S. products such as LNG, cars, and ethanol to avoid potential U.S. tariffs due to a large trade surplus. The tariff on American LNG will be cut to 2% from 5%, on automobiles to 32% from 45%-64%, and on ethanol to 5% from 10%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖