Stephen Miran, president of the White House Council of Economic Advisors, praised the tariff deal between the United States and Vietnam, called it “extremely unilateral”.
During an appearance on the “this week” of ABC News on Sunday, Meeran was asked about the progress of President Trump on tariff deals as he increases to him fast. 9 July deadline.
While he said that he remains optimistic that he would secure “many deals” this week, he praised the US deal with Vietnam.
“Vietnam deal was fantastic,” he said. “This is extremely unilateral. We get to apply an important tariff for Vietnamese exports. They are opening our markets, you know, apply zero tariffs for our exports. This is a great deal for Americans.”
dealDeterms tariff rate In the country at 20 percent, Vietnam provided the American tariff-free access to its markets.
It also tries to stop the third countries like China, by looting its exports through Vietnam, which implements 40 percent tariffs on goods generated from a high import tax rate country and is sent via Vietnam.
When another deal is on the table this week, Miran said that the country is “talking in good faith.”
“My hope would be that countries that are interacting in good faith and the concessions that they need to give for a deal are doing it, but the deal is not yet because it requires more time,” he said.
