Vietnam, Donald Trump and Trade Deal
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Vietnam’s leadership was caught off guard by US President Donald Trump’s announcement last week that it agreed to a 20% tariff, and the Southeast Asian nation is still seeking to lower the rate, according to people familiar with the matter.
By Francesco Guarascio (Reuters) -Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington,
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Trump says he will put 20% tariff on Vietnam's exports"It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam," Trump said on Truth Social after speaking with Vietnam's top leader, To Lam. Trump's announcement comes just days before a July 9 deadline before ...
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Cryptopolitan on MSNVietnam’s 20% tariff deal with Trump lacks full details and a final agreement textVietnam rushed to meet the July 9 trade deadline set by U.S. President Donald Trump, hoping to escape a round of harsh reciprocal tariffs. But that early move has now left officials in Hanoi and major manufacturers facing more confusion than clarity.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
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Regtechtimes on MSN🇺🇸 Trump Traps Vietnam in Tariff Storm: Is Hanoi the New Trade Pawn?Hanoi has found itself in the eye of a political and economic storm. In a surprising move, U.S. President Donald Trump announced a cancellation of tariff deal with Vietnam. A Sudden Shift in Trade Winds Under this deal,
Vietnam, taken unaware by President Donald Trump's announcement last week that the two countries came to a trade agreement including a 20% tariff, is still negotiating to bring the rate down, according to a media report.
Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.