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Treasury Sec. Bessent on Vietnam trade deal framework
CNBC Television·2025-07-03 18:25

You mentioned the other leg of the stool which is trade uh very much in focus now on the the framework that President Trump announced on Vietnam yesterday. I'm curious if you could tell us a little bit more about that. Has Vietnam agreed to it and those 20% tariffs where they send it over to us.Is that on top of the 10% tariffs that we already have. No, it it it's not stacked on top of the 10%. That that that's the reciprocal rate, right.So this would just be 20% tariffs that that would goods coming from Vi ...