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President Donald Trump vowed to secure "90 deals in 90 days" on trade. So far, the administration has only inked two ...
Trump announces Vietnam trade deal: US to impose 20% tariff on imports, 40% on transshipped goods. Vietnam agrees to zero tariffs on US exports and more enforcement.
In the "Great Deal of Cooperation", as Trump called it, the US will also impose a steeper tariff of 40% on goods that pass through Vietnam in a process known as "trans-shipping".
Meanwhile, the trade deficit with Vietnam, equal to the value of goods the U.S. exports there minus imports, has risen in tandem. Last year, it was $123 billion, the third-largest trade deficit ...
Among the top imports from there are computers and electronics, apparel and accessories and furniture. While China remains the top imported sources of these goods, Vietnam has quickly been catching up ...
Vietnamese goods will now face a 20 percent tariff, and any transshipments from third countries through Vietnam will face a 40 percent levy, Trump said, announcing the trade deal on Wednesday.
The deal is important to Vietnam, which would have faced tariffs nearly double what is outlined in the agreement. It will also impact global trade and U.S. companies like Nike.
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Vietnam Investment Review on MSNExpect US investment to continue on a major scaleTo mark 30 years of US-Vietnam diplomatic relations on July 12, Adam Sitkoff, executive director of the American Chamber of ...
Despite touching an intraday, three-year high of 1,392, Vietnam’s Ho Chi Minh stock index was ultimately subdued and closed down 0.19%, after signing a trade deal with the U.S. Reaction among U ...
Global stocks are mostly higher Tuesday after President Donald Trump pushed back imposing his "reciprocal" tariffs and ...
President Trump on Monday posted a barrage of letters he sent to country leaders, saying he would impose an array of tariffs ...
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