President Trump announces trade deal with Vietnam that will let US goods into the country duty-free
Trump announced a trade deal with Vietnam, eliminating tariffs on U.S. goods entering Vietnam while imposing a 20% levy on Vietnamese exports to the U.S. Additional 40% tariffs target goods transiting through Vietnam. This agreement follows Trump's earlier threat of reciprocal tariffs and a temporary suspension for negotiations. Analysts doubt such deals are possible with larger economies.
