Vietnam, Trump and Tariffs
Digest more
China and Vietnam plan to hold their first joint army training exercise this month, a sign of deepening military ties as the two countries grapple with US tariff policies.
Trump is targeting China's transshipments through Southeast Asia. But can tariffs and trade agreements really curb China's regional exports?
Officials say some Chinese companies have skirted the tariffs that Trump imposed in 2018 by shipping goods to American customers via third countries.
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.
In April, Trump announced a 46% tax on Vietnamese imports — one of his so-called reciprocal tariffs targeting dozens of countries with which the United States runs trade deficits. Trump promptly suspended the reciprocal tariffs for 90 days to allow for negotiations like the one with Vietnam. The pause expires Tuesday, but so far the Trump administration has reached a trade agreement with ...
China and Vietnam plan to hold their first joint army training exercise this month, a sign of deepening military ties as the two countries grapple with U.S. tariff policies.
1don MSN
The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe.