Key Points President Donald Trump said the United States has struck a trade deal with Vietnam. The agreement includes a 20% U.S. tariff on Vietnamese goods, as well as a 40% “transshipping” tariff, Trump said. He announced the deal days before a deadline paring back his “reciprocal” tariffs is set to expire, sending U.S. duties […]
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The U.S. is now the largest export market for Vietnam in this multi-billion-dollar sector. According to preliminary data from the General Department of Customs, Vietnam’s exports of computers, electronic products, and components earned more than $8.5 billion in February, up 32.4% compared to the previous month. By the end of the first quarter, this group […]