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Trump Announces Near-Completion of Vietnam Trade Deal
A trade agreement between the United States and Vietnam is nearing completion, President Donald Trump announced. The preliminary deal cuts planned U.S. tariffs on Vietnamese imports. However, goods classified as illegally transshipped will face a significant 40% levy.
The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.
Carson Block & Rob Medd unpack Trump's trade agreement with Vietnam, impacting exporters, FDI, and the economy amidst US-China trade tensions.
Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40 ...
The United States and Vietnam recently signed their first trade agreement since normal diplomatic relations were restored in 1995. For Hanoi, the agreement is a welcome advance, in effect ...
Still, details of the U.S.-Vietnam trade agreement are murky. “The interpretation of transshipment is unclear,” DBS Bank wrote in a research note.
The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in ...
Vietnam and Pakistan reaffirmed their commitment to advancing new initiatives and deepening practical, sustainable trade ...
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