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Trump announces Vietnam trade deal, 20% tariff on its imports to U.S.

  • On Wednesday, President Donald Trump revealed an agreement imposing a 20 percent tariff on imports from Vietnam to the United States.
  • The deal followed months of tariff threats and negotiations aimed at addressing trade reciprocity, with Vietnam agreeing to open its markets to U.S. products at zero tariff.
  • Imports from Vietnam face a 20 percent tariff, goods transshipped through Vietnam will face 40 percent tariffs, and the deal eliminates a 10 percent tariff on engines and aircraft parts.
  • Trump said Vietnam will give the U.S. 'TOTAL ACCESS to their Markets for Trade' and emphasized selling American products into Vietnam at zero tariff.
  • The agreement shields Vietnam from steeper tariffs set to resume on July 9 and signals continuing U.S.-Vietnam trade cooperation amid ongoing challenges with other partners like Japan.
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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.

·Dortmund, Germany
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Lean Right

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…

·Mexico
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NE Iowa PublishingNE Iowa Publishing
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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.

·Oelwein, United States
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Financial Express broke the news in Uttar Pradesh, India on Tuesday, July 1, 2025.
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