Trump Announces New Trade Deal with Vietnam

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Source: NPR
Trump Announces New Trade Deal with Vietnam
Photo: NPR
TL;DR Summary

President Trump announced a trade deal with Vietnam involving tariffs of 20% on goods from Vietnam and 40% on goods shipped through Vietnam, with the promise of increased market access for US products, particularly SUVs, though details remain unclear. This comes amid ongoing tariff negotiations and a history of growing US-Vietnam trade relations since 1994.

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