President Trump says U.S. will lift coffee tariffs under a new trade deal with Vietnam, easing duties on select products.
AIR FORCE ONE: U.S. President Donald Trump said on Monday that coffee is among the products included in a new trade deal with Vietnam, which would excempt it from a 20% headline tariff.
“We want to get coffee down a little bit,” Trump told reporters on board Air Force One en route to Tokyo, adding that he might visit Vietnam, a coffee-producing powerhouse.
The White House said on Sunday that the United States and Vietnam would finalise a trade agreement in the coming weeks that will maintain 20% tariffs on most Vietnamese goods but lift duties on certain products.
The list of such products will be decided at a later stage, the two nations have said in a statement.- Reuters
