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The Trump administration’s new trade deal with Vietnam aims to shut down any “backdoor” routes that allow Chinese goods to ...
Chinese goods face 55% tariffs, likely through August. Under the Vietnam deal, the US will impose 20% tariffs on Vietnamese ...
By closing the loopholes, the Trump administration is signalling what any future deal with China might look like. The 40% ...
President Trump indicated his administration might issue letters to trading partners, outlining unilateral tariff rates before the July 9 deadline. Deals with the UK and Vietnam have been announced, ...
Trump said his inclination was to send letters to most other countries, stating clearly what tariff rate they faced ...
The Vietnam deal is part of Trump’s broader trade overhaul, which aims to assign “reciprocal tariff rates” to over 170 trading partners.
Trump said that because it’s difficult to make deals with over 170 countries, the US will now send letters to 10 countries at a time.
Southeast Asian nations are offering billions in trade concessions to avoid US tariffs, but these reactive deals provide little lasting protection and risk undermining regional unity.
US would set rates on many Vietnamese exports at 20% Higher tariffs were due to take effect next week without deal US cars ...
Welcome to our live blog tracking the latest developments from US President Donald Trump's second term in office. Get ...