Hanoi: Prime Minister Pham Minh Chinh on April 5 chaired a meeting between standing cabinet members and leaders of ministries, sectors, and localities to promote balanced, sustainable, and mutually beneficial economic and trade cooperation with the US, following President Donald Trump’s announcement of a new tariff policy. Earlier, on April 3, right after the US President’s move, standing cabinet members met to assess the situation, and put forward tasks as well as response solutions.

According to Vietnam News Agency, the meeting was convened to address the implications of the US’s new tariff policy and to ensure that Vietnam’s economic strategies align with the principle of mutual benefit. The government aims to foster a cooperative trade environment that supports both nations’ economic growth while mitigating any adverse impacts from the new tariffs.

During the meeting, the Prime Minister emphasized the importance of maintaining open dialogue and collaboration with the US to resolve trade issues amicably. The leaders discussed various strategies to enhance trade relations and ensure that the economic ties remain robust and mutually advantageous.