Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

U.S. President Donald Trump has posted on Truth Social, stating that he has reached a deal with Vietnam to allow U.S. goods to enter the country without a tariff. In exchange, Washington will reduce tariffs on Vietnamese goods from the initial figure of 46%, down to 20% — but the agreement includes a provision stating…

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