US tells Vietnam trade deficit 'unsustainable' and major concern during tariff talks


Vietnam has demand for products that are strengths of the United States in the fields of energy, high technology, aviation, machinery and equipment, and agricultural products. - VNA/VNS

HANOI: The United States has told Vietnam its trade deficit with the South-East Asian country is "unsustainable" and a major concern, Vietnamese state media reported on Friday (May 16), as the two countries hold negotiations on tariffs.

Vietnam has been holding talks with the US, its largest export market, to persuade the US President Donald Trump's administration to take a benign view of its huge trade surplus with America, after Trump in April announced a "reciprocal" tariff rate of 46% on Vietnamese goods, to take effect in July.

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Vietnam , trade , tariffs

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