US Edition
China Knocks Trump Trade Deal with Vietnam
- On July 3, the U.S. administration revealed a new trade agreement with Vietnam that includes tariffs aimed at preventing the rerouting of Chinese goods and addressing trade imbalances.
- This pact follows months of U.S. efforts to enforce reciprocal tariffs and counter China’s export practices, with the 90-day tariff pause ending July 9.
- The deal sets a 20% tariff on Vietnamese goods and a 40% tariff on goods transshipped through Vietnam to the U.S., aiming to curb Chinese-origin goods rerouted via Vietnam.
- China’s Ministry of Commerce strongly opposed any agreements made at the detriment of its interests, warning that it would take countermeasures to defend its legitimate rights if necessary.
- The agreement raises tensions with Beijing and may set a precedent for future U.S. deals targeting transshipment, with potential economic risks for Vietnam and wider geopolitical implications.
44 Articles
44 Articles
The Chinese regime reacted with hostility to the new trade agreement signed by the United States and Vietnam, which was announced by President Donald Trump. Beijing warned that it will take action if its economic interests are adversely affected by the pact.]]>
US Keeps Pressure on Chinese Goods Amid Vietnam Trade Deal
News Analysis President Donald Trump announced a trade agreement with Vietnam on July 2 via a Truth Social post, days before the 90-day tariff deadline. While the White House has yet to release official details of the preliminary framework, Trump confirmed that it features a 20 percent tariff on many Vietnamese exports entering the United States as well as a 40 percent levy for transshipping. U.S. trade officials have made transshipping—the tact…
China knocks Trump trade deal with Vietnam
China knocked the newly announced U.S. trade deal with Vietnam, saying Beijing “firmly opposes” any deal that disadvantages its economy and pledged to take “countermeasures” to protect its own interests. The trade deal with Vietnam, which President Trump announced on Wednesday, sets the tariff rate on the country at 20 percent, with Vietnam giving the U.S. tariff-free access to its markets. It also seeks to prevent third countries like China fro…
Trump announced an agreement with Vietnam that reduces planned tariffs from 46% to 20% for many Vietnamese exports and sets them at 0% for US products. Although the gesture lowers the tone of confrontation, it does not eliminate the threat: the new framework includes a 40% tariff for products passing through Vietnam from third countries, especially China. It is a clear message against the “re-labelling” of Chinese goods. Vietnam, Friend or Shock…
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