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Trump announces US-Vietnam trade deal to lower tariffs

Trump announces US-Vietnam trade deal to lower tariffs

Nikkei Asia2 days ago
Nikkei staff writers
NEW YORK -- The U.S. has reached a trade deal with Vietnam that will give American companies sweeping access to the Southeast Asian nation's markets, President Donald Trump said Wednesday.
Trump said in a Truth Social post that "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."
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