US Edition
Trump announces Vietnam trade deal, 20% tariff on its imports to U.S.
- On July 2, President Donald Trump announced on Truth Social that Vietnam will impose a 20% tariff on its exports to the U.S. while the U.S. grants Vietnam tariff-free market access.
- Ahead of the July 9 deadline, U.S. pressure to curb transshipment led Vietnam to agree on stricter measures to avoid a threatened 46% tariff, according to sources.
- Sources confirm Vietnam will impose a 20% tariff on all exports and a 40% tariff on transshipped goods, with U.S. market access granted tariff-free, though exact announcement details remain unconfirmed.
- Market reactions remain uncertain as stocks of apparel, footwear, and auto sectors showed initial gains but declined after tariff details were released, indicating mixed investor sentiment.
- Analysts warn that the U.S.–Vietnam trade pact, which imposes a 20% tariff and risks losing a significant portion of Vietnam’s $123 billion exports, could shape future U.S. trade agreements.
374 Articles
374 Articles
According to US President Donald Trump, the US and Vietnam have agreed on a trade agreement. Economist Carsten Mumm considers the agreement to be "a good sign" in conversation with Dietmar Deffner.
I think 2026 could be a good year for the economy of Mexico and the United States, but it's going to cost us to get to January.With you, the second half of this 2025, which poses a rise that will get heavier, according to signals coming from different fronts.Let's start with yesterday: How sad are the things that investors celebrated yesterday that Donald Trump's government got a definitive and unbalanced deal with... Vietnam?It's not with China…
NE Iowa Publishing
US-Vietnam trade deal sows new China standoff
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but has provoked new friction between Washington and Beijing.
After the United Kingdom and China, Donald Trump announced, Wednesday evening, July 2, that he had entered into a trade agreement with Vietnam, seven days before the end of the Washington tax truce. The Asian country will import with zero customs duties American products, while Vietnamese products will be subject to a 20% surtax, far from the 46% envisaged by the US administration in April.
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Bias Distribution
- 53% of the sources are Center
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