Tariff sudden!Trump announces: The United States and Vietnam have reached an agreement!20 tariffs ar

Trump posted on social media "Real Social" that day that he had reached a trade agreement with Vietnam, "details were announced later!"Trump then posted another post saying that all Vietnam's exports to the United States will face at least 20% tariffs and "completely open the market" to the United States.

According to Trump's document, according to the agreement, goods exported to the United States by Vietnam will be subject to a 20% tariff to the United States, while goods that are "re-exported" trade will be subject to a 40% tariff.Meanwhile, Trump said Vietnam has agreed to cancel all relevant duties on U.S. imported goods.

In recent years, Vietnam's exports to the United States have increased significantly as many manufacturers transfer production to Vietnam.At present, Vietnam has become the major supplier of textiles and sportswear in the United States.According to data, Vietnam was the sixth largest importer country in the United States last year, with the total amount of goods imported from the United States approaching US$137 billion.

It is reported that the United States has not yet announced a specific list of goods that apply the 40% tariff.While it is not clear how Trump’s transshipment plan will be implemented, “transshipment” usually refers to foreign goods transported through another country and then exported to the United States.
In early April this year, when Trump introduced the so-called "reciprocal tariff" policy, he imposed a 46% tariff on Vietnam, and later lowered it to 10%, leaving time for negotiations.At present, it is not clear whether the agreement has been finalized or whether Vietnam agrees with what Trump announced.

This will be the third trade deal announced by the Trump administration after a separate agreement with the UK and China.All major trading partners are stepping up trade negotiation arrangements with the United States before the July 9 deadline...