Tuesday, July 15, 2025

HomeLifestyle NewsTrump Announces Vietnam Trade Deal With 20% Import Tariff

Trump Announces Vietnam Trade Deal With 20% Import Tariff

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President Donald Trump said he had reached a trade deal with Vietnam following weeks of intense diplomacy between the nations and ahead of a deadline next week that would have seen higher tariffs imposed on the country’s imports.

A 20 percent tariff will be placed on Vietnamese exports to the US, with a 40 percent levy on any goods deemed to be transshipped through the country, Trump said in a social-media post on Wednesday. Trump said that Vietnam had agreed to drop all levies on US…

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