Vietnam Wants to Negotiate, Sending Nike (NKE), Deckers (DECK) and Lululemon (LULU) Higher

Vietnam 'ready' to remove US import tariffs as it seeks delay to Trump's 46% levy

Marc Knapper, the US Ambassador to Vietnam, met with Bui Thanh Son, Vietnam's Minister of Foreign Affairs, on Sunday.Vietnam Government PortalVietnam is "ready" to negotiate to remove all US import tariffs, a senior official said Sunday.It is also seeking a delay to the 46% import levy announced by President Donald Trump.The statement confirms comments made by Trump on Friday.Vietnam is looking to negotiate to remove all US import tariffs as it …

Vietnam asks Trump to delay implementation of tariffs while the two sides negotiate

Vietnam is actively seeking to negotiate a reduction in the high tariff rate imposed by the Trump Administration.

US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam

The Southeast Asian country, a major regional manufacturing base for many Western companies, posted a trade surplus of over $123 billion with the US, its largest export destination, last year

Trump might go back on tariffs on Vietnam, here's why

World news: Vietnam is a key manufacturing hub for major sportswear brands, producing around 50% of Nike's shoes and 39% of Adidas' footwear, according to regulatory filings. Both companies rely heavily on Vietnam as their largest footwear supplier. Nike has warned of a significant decline in its gross margin this quarter, partly due to US tariffs on imports from China and Mexico.

Shares of Nike, Lululemon, other retailers rebound as Vietnam signals tariff truce with the US

President Trump and Vietnamese leader To Lam say they plan to “soon sign a bilateral agreement” to eliminate tariffs....

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