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Research Insights: Bilateral Gaps Emerge as Vietnam Treads Carefully After Trump Tariff Order

The court ruled the tariffs exceeded the International Emergency Economic Powers Act authority, but allowed them temporarily until mid-October as appeals continue, impacting trade policy and retailers.

Summary by digitimes.com
On July 31, 2025, US President Donald Trump signed an executive order imposing new tariffs—ranging from 10% to 41%—on imports from 68 countries and the European Union (EU). While many trade partners faced updated rates, tariffs on Vietnamese goods remained unchanged: a 20% duty on direct imports and a 40% levy on transshipped goods. In exchange, Vietnam has agreed to fully open its market and eliminate all tariffs on American imports.

17 Articles

Far Left

The president anticipated that he would appeal a ruling from the Court of Appeal and predicted that, if tariffs were eliminated, the United States would not have "hope to return to greatness."

Since a federal appeals court Friday declared most of Donald Trump’s tariffs illegal, the president of the United States and members of his government have not stopped attacking the court decision. Although the court allowed him to keep them in force by giving time to an appeal to the Supreme Court, the Republican’s assault campaign on the sentence has been relentless, and Sunday night at Truth Social ran against the elimination of that fundamen…

·Barcelona, Spain
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Zero Hedge broke the news in United States on Sunday, August 31, 2025.
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