President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal a deal if progress continued.
Tuna exports are expected to top 1 billion USD this year, up 350 million USD from last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The domestic shrimp production industry had targeted US$4.2 billion in export value this year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
Although export revenue of agricultural products has grown in recent years to more than 40 billion USD, experts have said the figure may rise higher if Vietnamese farm produce can meet the technical standards of import markets, especially developed ones.
President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.
The Korea Trade Commission has proposed antidumping duties on stainless steel bars from Italy and Taiwan for a period of five years, the Ministry of Trade, Industry and Energy said.