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Vietnam, Under Tariff Pressure, OKs $1.5B Trump Development

Summary by Newser
Just before beginning negotiations to avert President Trump's imposition of a 46% tariff, Vietnam has approved a $1.5 billion plan by the Trump Organization to build golf courses, hotels, and other projects there. The US trade deficit with Vietnam hit $123 billion in 2024, partly driven by imports that...

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retailnews.asia broke the news in on Monday, May 19, 2025.
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