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The 90-day break in the tariffs of President Trump may end in early next month. In the ports of Southern California, it means even more economic uncertainty for trucks.
President Donald Trump announced that he hit Wednesday Trade Deal With Vietnam.
“This will be a lot of cooperation between our two countries. This will pay all the goods and 40% tariffs sent to the United States and 40% tariffs,” Trump will pay a tariff in a post in the Social Union.
“At the same time, Vietnam will do anything before, and will give the United States to trade in the United States. In other words, our product can be sold to Vietnam on zero tariffs” Trump Added.
Trump says the Vietnamese Communist Party will reach the transaction after talking to the Secretary-General Lam.
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President Donald Trump, left and Vietnamese Communist Party Secretary General Lam. (Through Andrew Caballero-Reynolds / AFP Getty Images; With Chalineee Thirasupa / Pool / AFP via Getty Images / Getty Images)
“This will be a beautiful addition to various product lines within Vietnam, which is very good in the United States, as said SUV or sometimes, as saying, sometimes in the United States.
Vietnam was previously 46% click with tariff Trump’s “Freedom Day” as part of mutual tariff ads.
This tariff was later suspended for 90 days, and after postponement ended next week.
Vietnamese Prime Minister Pham Minh Chinh said in late June that he would expect a trade agreement with the United States before the deadline Reuters.
“I hope the result will see the future two weeks,” Chinh said. “Vietnamese and USA shares a deep concept over tariffs … hope all positive things will come to us.”
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President Donald Trump warns a schedule on mutual tariffs during an event entitled “Call America again” in Washington on April 2, 2025. (Via Brendan Smialowski / AFP Getty Images / Getty Images)
US Trade representative “Trade Representative” The United States is about $ 149.6 billion in the United States in 2024, “$ 3.2 billion ($ 3.2 billion) in 2024 amounted to $ 13.1 billion ($ 3.2 billion) ($ 3.2 billion) ($ 3.2 billion).”
“The import of the United States was imported from Vietnam in 2024 in 2024 $ 136.6 billion ($ 22.1 billion) ($ 22.1 billion) ($ 22.1 billion).
The Southeast Asian nation was arrested with an elegant act of equilibrium because China, which is a subtle investment and a security partner, which serves the largest export and security partner, which serves as most investment and neighbors.
The Vietnamese Government Office, a coordinating body between the ministries, held an emergency meeting with government trade specialists, and President Donald Trump announced tariffs. The goal was to solve the concerns of intellectual property allegedly abused by intellectual proprietory and transformation, informed at the meeting.
Containers, on January 15, 2025, Vu Vu Tanar, a Sinar Sanur cargo ship managed by Maritime Corp.. (Via Linh Pham / Bloomberg Getty Images / Getty Images)
The meeting, the Ministry of Trade and customs officers were stiffened and sentenced to a plan to compile a plan to crumble on illegal transport, sending goods to a nation with low tariffs of the product, sending goods to a nation, which is re-exported without the value added.
Many of the many goods exported by Vietnam to the West, and Chinese companies also created factories in the United States to serve customers in the United States. In many cases, Vietnamese employees are then legally processed in the United States under the tag of “prepared in Vietnam”.
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U.S. officials claimed that China was used as a channel to receive low tariffs for goods that are not the participation of a significant Vietnam of Vietnam.
Fox Business’ Bradford Betz and Reuters contributed to this report.
