Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, the highest share among U.S. top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.

U.S. President Donald Trump has announced plans for tariffs that could virtually hit all Vietnam's goods exports to its top market, worth last year more than $142 billion, according to UN data, about 30% of Vietnam's gross domestic product.

"Vietnam stands ready to discuss with the U.S. in a constructive manner," the spokesperson told a regular press conference when asked about risks of new tariffs for Vietnam. The spokesperson added Vietnam was also available to discuss the new tariffs on steel to find solutions in the interest of both parties.

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Vietnam is trying to ease potential trade tensions with the U.S. by considering an increase in imports of American farm products. This move comes as President Donald Trump pushes for reciprocal tariffs to level the playing field in global trade.

Vietnam’s goods exports to the United States accounted for 30 percent of its gross domestic product last year, the highest share among US top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.

Vietnam is prepared to engage with the United States in discussions regarding new U.S. tariffs on steel. A Vietnamese foreign ministry spokesperson expressed readiness to address these concerns constructively during a regular press conference,

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Vietnam is ready to engage with the United States to discuss the new tariffs on steel imposed by Washington and to avoid risks of additional duties, a spokesperson for its foreign ministry said on Thursday.