Vietnam Got an Early Trade Deal with Donald Trump. Was It Worth It?
- Vietnam's leadership was surprised by U.S. President Donald Trump's announcement of a 20% tariff, which conflicts with their expectation of a 10%-15% rate, leading Vietnam to seek a lower tariff rate.
- After Trump's announcement, Vietnam's party chief instructed negotiators to continue working on reducing the tariff rate.
- The U.S. requires Vietnam to address issues of Chinese goods being rerouted, as Trump eyes additional tariffs on unnotified partners ahead of an August deadline.
- Vietnam's Ministry of Foreign Affairs stated that negotiators are coordinating with the U.S., while economic talks continue with China to strengthen trade ties.
18 Articles
18 Articles
Vietnam surprised by Trump tariff announcement at 20%, still seeking lower rate from its major trade partner
Vietnam's leadership was caught off guard by US President Donald Trump's announcement last week that it agreed to a 20% tariff, and the South-East Asian nation is still seeking to lower the rate. Read full story
Vietnam Surprised by Trump Tariff Announcement, Seeks Lower Rate
Vietnam’s leadership was caught off guard by US President Donald Trump’s announcement last week that it agreed to a 20% tariff, and the Southeast Asian nation is still seeking to lower the rate, according to people familiar with the matter.
Vietnam Surprised by Trump Tariff Announcement
“Vietnam’s leadership was caught off guard by US President Donald Trump’s announcement last week that it agreed to a 20% tariff, and the Southeast Asian nation is still seeking to lower the rate,“ Bloomberg reports.“Straight after last Wednesday’s call with Trump, Vietnam’s party c
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