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Trump's Vietnam Trade Deal With 40% Tax On Transshipments May Result In Chinese Backlash, Say Economists: '...They Want Inflation'
Thursday, July 3, 2025 - 6:21am | 777President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs. What Happened: In exchange, Vietnam will grant...