US EditionTrump announces Vietnam trade deal, 20% tariff on its imports to U.S.
- On July 2, 2025, following a conversation with General Secretary To Lam, President Donald Trump declared that the United States had reached a trade agreement with Vietnam.
- The announcement came less than a week before the July 9 expiration of a 90-day pause on Trump's reciprocal tariffs affecting Vietnamese imports.
- The deal grants the US zero tariffs on goods sold into Vietnam while imposing a 20% tariff on Vietnamese goods entering the US and a 40% tariff on transshipping.
- Trump stated, "I just made a Trade Deal with Vietnam," and expressed that SUVs could become a popular US product line in Vietnam.
- This agreement marks the third trade deal Trump arranged in three months and suggests increasing US market access while maintaining protective tariffs on Vietnamese goods.
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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.
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WASHINGTON — President Donald Trump says he's reached a trade deal with Vietnam. Trump says Vietnam will pay a 20% tariff on goods sent into U.S. territory and a 40% tariff on transshipping, which usually means exports from China that…
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Leaning Left50Leaning Right54Center119Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 22%
C 53%
R 24%
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