Trump Announces Vietnam Trade Deal with 20% Tariffs, Boosting Markets and Apparel Stocks
TL;DR Summary
President Trump announced a new trade deal with Vietnam that includes a 20% tariff on Vietnamese exports and a promise of zero tariffs on US exports to Vietnam, aiming to address trade imbalances and circumvent Chinese tariffs, with Vietnam facing a potential 46% reciprocal tariff previously.
- Trump says U.S. strikes trade deal with Vietnam Axios
- Trump announces Vietnam trade deal, 20% tariff on its imports to U.S. CNBC
- Stock market today: Nasdaq pops, leading Dow and S&P 500 higher amid Vietnam trade deal, weak jobs data Yahoo Finance
- Trump Says the U.S. Has a Deal With Vietnam. Tariffs Start at 20%. Barron's
- Nike, Lululemon Jump on Trump’s Vietnam Trade Deal Bloomberg
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