Breaking News

Trump announces Vietnam’s commercial deal, 20 % tariffs for imports star-news.press/wp

The worker stitches clothing at a clothes factory in the Thai province of Ngawin in Vietnam on July 2, 2025.

NHAC Nguyen | AFP | Gety pictures

President Donald Trump said on Wednesday that the United States had concluded a commercial deal with Vietnam, which includes a 20 % tariff in the imports of a country in Southeast Asia to the United States.

Trump advertisement Ali Social truth He said that the deal will provide free access to customs tariffs to Vietnam markets.

Vietnam also agreed that the goods will strike at a 40 % tariff rate if it grew in another country and they were transferred to Vietnam for the final shipping to the United States.

The process, known as Transstipping, is used to circumvent commercial barriers. China, the Supreme Source of the United States, is said to have used Vietnam as a transportation center.

The agreement was revealed less than a week before the end of the 90 -day stoppage on many mutual tariffs called Trump, which led to the end of our duties on imports from dozens of countries that rise.

Under this protective commercial plan, Vietnamese imports of the United States were subject to a 46 % blanket tariff.

Read Trump’s full post:

It is a great honor to announce that I have just concluded a commercial deal with the Socialist Republic of Vietnam after talking to Lam, the very respectable Secretary -General of the Communist Party in Vietnam. It will be a great deal of cooperation between the two countries. Conditions are that Vietnam will pay the United States a 20 % tariff on any and all goods sent to our lands, and a 40 % tariff on any passing. On the other hand, Vietnam will do something they have not done before, giving the United States of America full access to its markets for trade. In other words, they will open their market to the United States, “which means that we will be able to sell our products to Vietnam in Zero Treiff. In my opinion, the SUV or, as indicated sometimes, will be the big engine car, which works well in the United States, a wonderful addition to the different production lines inside Vietnam. Dealing with the Secretary -General to Lam, which you did personally, was absolute fun. Thank you for your interest in this The issue!

Trump has indicated that he might ignore or review the next deadline for mutual definitions up. A 90 -day pause was imposed, which reduced definitions on almost all other countries to a 10 % blanket, in early April to give countries breathing while negotiating deals with the United States

As the deadline approaches, the Trump administration has preceded it, but it had a revised action frameworks with China and the United Kingdom, although it has repeatedly said that the United States is close to deals with many other countries.

This is urgent news. Please update for updates.

https://image.cnbcfm.com/api/v1/image/108167014-1751466604714-gettyimages-2222465218-AFP_64HU6WF.jpeg?v=1751466639&w=1920&h=1080

2025-07-02 15:12:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button