券商中国·2025-07-02 16:19Group 1 - The article discusses a new trade agreement between the United States and Vietnam, announced by President Trump, which includes a 20% tariff on all goods exported from Vietnam to the U.S. and a 40% tariff on transshipped goods [2][5][10] - Vietnam has agreed to eliminate tariffs on U.S. products, allowing for zero tariffs on American exports to Vietnam, which is seen as a significant market opening [3][6] - The announcement led to volatility in the U.S. stock market, particularly affecting furniture and apparel stocks, with companies like ON Holding and Lululemon experiencing notable price fluctuations [7][8] Group 2 - Vietnam is a key supplier of textiles and athletic apparel, with major brands like Nike, Gap, and Lululemon manufacturing in the country, and it was the sixth-largest source of U.S. imports last year, with exports to the U.S. nearing $137 billion [6] - The article highlights uncertainty regarding the implementation of the transshipment plan and whether the agreement has been finalized, as the U.S. government has not provided clarity on the specific goods subject to the 40% tariff [9][10] - The potential for increased tariffs on Vietnamese goods could rise to at least 46% if previous tariff announcements remain unchanged, which could significantly impact trade dynamics [11]