Vietnam to host China, EU leaders in coming weeks amid U.S. tariff risks, sources say

Chinese President Xi Jinping. File

Chinese President Xi Jinping. File
| Photo Credit: Getty Images

China’s President Xi Jinping and European Union leaders are set to visit Vietnam in the next few weeks in a swirl of diplomatic activity amid growing risks from U.S. trade tariffs, officials said.

China, the EU and Vietnam run very large trade surpluses with the United States and have all faced new tariffs from Donald Trump’s administration, with more expected to be announced on Wednesday.

Mr. Jinping is expected to meet Vietnamese leaders in Hanoi on April 14, two Vietnamese officials with direct knowledge of the plans told Reuters, in what would be his second visit to the country in less than 18 months.

Mr. Xi’s multi-day visit to Vietnam is part of a wider trip to Southeast Asia, including Cambodia and Malaysia, according to two diplomats.

The Chinese Foreign Ministry said it had no information to share when asked about the trip at a news briefing on Monday.

Vietnam’s Foreign Affairs Ministry did not reply to a request for comment.

Both Vietnamese sources said that among issues to be discussed are railways linking northern Vietnam with China which the two countries have agreed to develop to boost connections and trade.

One source said Mr. Xi’s trip would take place amid “strategic adjustments by major countries,” citing Mr. Trump’s shifting policies as the main change.

Vietnam is also in the process of approving the use of China’s COMAC planes, with an industrial source in Vietnam saying that a formal green light could coincide with Mr. Xi’s visit.

That could pave the way for the leasing and potentially even the purchase of Chinese commercial jets by Vietnamese airlines.

Just days before Mr. Xi’s visit, Spain’s Prime Minister Pedro Sanchez is set to meet Vietnamese leaders on April 9, followed by EU trade commissioner Maros Sefcovic, according to official programmes.

French President Emmanuel Macron and the head of the European Commission Ursula von der Leyen are also planning to visit Hanoi in the following weeks, European officials and diplomats have said.

“The tide of tariffs and export controls is rising… We want to create new opportunities to trade and invest with trusted partners,” von der Leyen told top officials from Southeast Asian bloc ASEAN in a video message when they were gathered last month in Vietnam’s capital Hanoi.

Visited 1 times, 1 visit(s) today

Related Article

Trump has turned his back on the foundation of US economic might

Pool/BBC President Donald Trump has built another wall, and he thinks everyone else is going to pay for it. But his decision to impose sweeping tariffs of at least 10% on almost every product that enters the US is essentially a wall designed to keep work and jobs within it, rather than immigrants out. The

Chicago protestors rally against Trump, Musk Saturday – NBC Chicago

Planned demonstrations are happening across the country Saturday as part of a day of action. Protestors in Chicago said they’re upset with the Trump administration and Elon Musk and the agenda coming out of the White House. A “hands off” rally took place in downtown Chicago. Organizers said an estimated 20,000 people came out to

Doug Emhoff criticizes his law firm for coming to agreement with Trump administraiton

CNN  —  Speaking at a charity gala dinner Thursday night in Los Angeles, former second gentleman Doug Emhoff condemned the decision by his law firm to preemptively come to an arrangement with the Trump administration to avoid an executive order targeting the firm, sources tell CNN. Emhoff is a partner at Willkie Farr & Gallagher

Elon Musk backs ‘free trade zone’ between US and Europe | Politics News

Elon Musk calls for a US-Europe free-trade zone with zero tariffs while EU plans a response to US import duties. Tech billionaire Elon Musk has called for unrestricted trade between the United States and Europe, advocating for a tariff-free economic zone. The adviser to US President Donald Trump said he supported eliminating trade barriers during

Thousands rally in ‘Hands Off’ protests against Trump policies and Musk-led government cuts

Thousands of protesters gathered around the U.S. Saturday in a series of “Hands Off” demonstrations organized by Democratic activists seeking to mobilize against the Trump administration’s immigration policies and the mass firings of federal workers led by the Department of Government Efficiency. In a statement released ahead of the event, organizers accused President Donald Trump

Malibu CEO found guilty of scamming investors, Hollywood celebrities

A man from Malibu has been convicted of scamming investors and Hollywood stars out of more than $20 million through false claims about his celebrity app’s business performance. Bernhard Eugen Fritsch, the founder and CEO of StarClub Inc., a Santa Monica-based tech company, was held accountable for an elaborate fraud that fueled his lavish lifestyle,

0
Would love your thoughts, please comment.x
()
x