Vietnam, Donald Trump and Trade Deal
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The deal with Vietnam seeks to stop Chinese-made goods from transiting through the Southeast Asian country to avoid higher duties.
The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.
China said it was examining a trade deal that the US and Vietnam clinched and would retaliate if its interests were hurt — a sign that tensions between Beijing and Washington risk worsening as more of the pacts are finalized.
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Cryptopolitan on MSNVietnam’s early Trump trade deal raises questions as Hanoi pushes for final termsVietnam 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
The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.
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President Trump has made the issue of transshipping a centerpiece of his latest trade efforts. Other countries are still waiting for the fine print.
6dOpinion
Dealbreaker on MSNI’ve Been To Vietnam: Trust Me, No Trade Deal Will Cause The Vietnamese To Buy Countless American SUVsIn announcing a new trade deal with Vietnam, President Donald Trump said (Opens in a new window), “It is my opinion that the SUV or, as it is sometimes referred to, Large Engine Vehicle, which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam.” Never going to happen.
Vietnam and Pakistan reaffirmed their commitment to advancing new initiatives and deepening practical, sustainable trade relations at the fifth meeting of the Vietnam-Pakistan Joint Subcommittee on Trade in Hanoi on July 11.