US-Vietnam Trade Deal Risks Irking China
Bloomberg Television·2025-07-03 11:09
President Donald Trump says he has reached a trade deal with Vietnam following weeks of intense diplomacy between the two countries. This comes ahead of the July 9 deadline that would have seen much higher tariffs imposed on Vietnam's exports to the US. Under the deal, a 20% tariff will be placed on Vietnamese exports to the US with a 40% levy on any goods deemed to be trans shipped, meaning goods with components from other countries that are then rooted through Vietnam.That measure is likely directed at Ch ...