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How Trump’s Trade Deal With Vietnam Is Really About China
“Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping,” Trump said on his social network. “In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade.”
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs ...
The announcement came after President Trump in April proposed a steep 46% tariff on Vietnamese imports; he later paused those ...
The estimated direct cost could be potentially managed through price hikes, layoffs, hiring freezes or lower profit margins.
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