Washington -President Trump announced on Wednesday that the US had reached a trade deal with Vietnam before the July deadline, when his so -called mutual tariff would end.
Under the terms of the agreement, Mr. Trump Said The US will take 20% tariff on goods imported into the US from Vietnam, and will have 40% tariff on “any transmission”. The President said that Vietnam “will open its market to the United States, ‘means that, we will be able to sell our product in zero tariffs in Vietnam.”
Mr. Trump announced a agreement on Truth Social after talking with Lam, General Secretary of the Communist Party of Vietnam. The remaining details of the agreement have not yet been revealed, and Vietnam has not confirmed the deal declared by the President.
Foreign countries have till 9 July to reach a deal on trade and tariffs with the US before the President’s tariff is re -enforced. In the beginning of April, he Announced Tariffs on imports from around 90 countries that are above 10% applied to the US Shri Trump, which “describe the declaration”, “Liberation Day“Said New tax From China to the European Union, there was a need to erase trade deficit between the US and other countries.
A week later, that Prevented The tariff, accepting that he did this because he saw that the bond market was “a little reduced.”
On Tuesday, Mr. Trump told reporters that he was not interested in expanding stagnation.
