Trump, Vietnam and trade deal
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Vietnam’s stock benchmark is closing in on a record high, fueled by optimism over sweeping political reforms and clarity on a trade deal with the US.
After the announcement of a new trade deal with Vietnam, we can safely conclude that Trump was not telling the truth about that. Under the terms of that deal, announced Wednesday, American exports to Vietnam will face no tariffs while Vietnamese goods ...
The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.
Vietnam is a top destination for retailers and brands looking to reduce their reliance on factories in China, but has also become a target of Trump's aggressive trade policy.
The announcement came after President Trump in April proposed a steep 46% tariff on Vietnamese imports; he later paused those tariffs while talks continued.
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