Trump, Vietnam and Tariff
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Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.
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Trump says he will put 20% tariff on Vietnam's exportsVietnam could import U.S. products with a zero percent tariff, he added. "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam," Trump said on Truth Social after speaking with Vietnam's top leader ...
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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.
Donald Trump on Tuesday said he will impose a 19 per cent tariff on Indonesia, and will be able to ship American goods to the country tariff-free. This was down from the initial 32 per cent that was announced in April.
President Trump on Wednesday announced that the U.S. inked a trade deal with Vietnam that will allow American goods to enter Vietnam without a tariff. The agreement comes just ahead of July 8, when a 90-day pause on tariffs will expire.
President Donald Trump has pledged a 50% tariff against Brazil, a major producer of green coffee beans. That could lead to higher coffee prices.
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,
Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Thursday announced a 35% tariff on Canadian goods.