Trade Deal
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X @Bloomberg
Bloomberg· 2025-07-03 12:32
Vietnam’s trade deal with the US is a wake-up call for Asian governments grappling with the reality that higher tariffs are here to stay https://t.co/R0BCcZpJYY ...
X @Investopedia
Investopedia· 2025-07-03 11:30
Shares of Nike, Wayfair, and other retailers with a significant production footprint in Vietnam rose Wednesday as President Trump said the U.S. reached a trade deal with the country. https://t.co/q5or4EoCWI ...
X @Bloomberg
Bloomberg· 2025-07-03 11:27
Trade Negotiations - India may allow imports of some processed, genetically modified US farm products [1] - This is a potential concession as India previously opposed inflows of GM corn and soybeans [1] Agricultural Policy - The move is part of India's effort to strike a trade deal with Washington [1]
US-Vietnam Trade Deal Risks Irking China
Bloomberg Television· 2025-07-03 11:09
Trade Agreement & Tariffs - US and Vietnam reached a trade deal, avoiding higher tariffs on Vietnamese exports to the US [1] - A 20% tariff will be imposed on Vietnamese exports to the US [1] - A 40% levy will be placed on goods deemed to be trans-shipped (goods with components from other countries routed through Vietnam) [1] - The new US levy on Vietnam is lower than the initially announced 46% but double the 10% universal base rate [2] Potential Risks & China's Role - Risks are still tilted to the downside for Vietnam, according to Bloomberg Economics analysis [2] - China might retaliate despite its trade truths with the US, potentially impacting Vietnam's economy [3] - China's retaliatory moves could have an outsized impact on Vietnam's economy, given its position as Vietnam's largest trading partner and a key source of inputs for domestic production [3] - US efforts to forge deals could isolate Chinese firms from global supply chains, causing increasing wariness from China [3]
X @Bloomberg
Bloomberg· 2025-07-03 10:08
President Donald Trump says he has reached a trade deal with Vietnam.The deal includes a 40% tariff on goods deemed to be transshipped — a move that could irk China and provoke retaliation. @ngxuanquynh explains https://t.co/nanYGKKurH https://t.co/3kUqOjzWcz ...
X @Bloomberg
Bloomberg· 2025-07-03 09:32
Trade Policy - The Trump administration has lifted export license requirements for chip design software sales in China [1] - This action implements a trade deal aimed at easing restrictions on essential technologies [1]
X @Bloomberg
Bloomberg· 2025-07-03 09:20
President Donald Trump’s two-tiered trade deal with Vietnam aims squarely at practices China has long used to skirt US tariffs https://t.co/M2kW4F4YXz ...
X @Bloomberg
Bloomberg· 2025-07-03 08:58
China says it was examining a trade deal that the US and Vietnam clinched and would retaliate if its interests were hurt https://t.co/2mB7tFEmsR ...
X @Bloomberg
Bloomberg· 2025-07-03 01:40
A new trade deal between the US and Vietnam risks provoking retaliatory steps from China as the accord includes a 40% tariff on goods deemed to be transshipped through the Southeast Asian country, according to Bloomberg Economics. https://t.co/30OXVubz0a ...
X @Bloomberg
Bloomberg· 2025-07-03 00:26
A new trade deal between the US and Vietnam risks provoking retaliatory steps from China https://t.co/yBKmKdGpqX ...