US-Vietnam Trade Deal Sparks Debate Over Future Global Tariffs
US-Vietnam Trade Deal Sparks Debate Over Future Global Tariffs A recent trade agreement between the United States and Vietnam, announced just days before Washington’s reciprocal tariffs were set to fully reimpose, has drawn significant global attention. The deal stipulates a 20% duty on Vietnamese imports to the U.S., a substantial reduction from the 46% rate imposed in early April, while U.S. exports to Vietnam will face no tariffs. Additionally, Vietnam has reportedly agreed to a 40% duty on products originating…