Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries boost US imports and avoid being hit with U.S. tariffs because of its trade surplus which exceeded $123 billion last year. Under the new plans, the tariff on American LNG will be cut from 5% to 2%, automobiles from a range of 45% to 64% to 32% , and on from 10% to 5%.
Source: Reuters