Trump, EU and Tariff
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The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
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Cryptopolitan on MSNVietnam’s 20% tariff deal with Trump lacks full details and a final agreement textVietnam rushed to meet the July 9 trade deadline set by U.S. President Donald Trump, hoping to escape a round of harsh reciprocal tariffs. But that early move has now left officials in Hanoi and major manufacturers facing more confusion than clarity.
President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive list tracking these changes.
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.
Vietnamese Prime Minister Pham Minh Chinh and China's Premier Li Qiang have agreed to boost trade and investment ties between the two countries during a meeting on the sidelines of the BRICS summit in Brazil,
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The U.S. trade deficit with Vietnam is about $123.5 billion, putting the country near the top of Trump’s list for “reciprocal” tariffs. This would have been unimaginable a generation ago.
Foreign investors are expected to flock back to Vietnam’s stock market after the country received a lower-than-expected US tariff, said Thu Nguyen, deputy chief executive officer of VinaCapital Fund Management.
Vietnam will devise measures to improve product quality to cope with potential risks from U.S. tariffs, as it seeks to expand exports to other markets and reduce its reliance on the United States, the country's deputy trade minister said on Wednesday.
Local businesses are facing a confluence of trade pressures, technological disruption and competition, says ASME. Read more at straitstimes.com. Read more at straitstimes.com.
Vietnam’s central bank stands ready to take steps to curb inflation and support growth, as it warns about the impact of higher US tariffs on the economy and its currency.