The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading partner days before he could raise levies on most imports.
Vietnamese goods will now face a 20 percent tariff, and any transshipments from third countries through Vietnam will face a 40 percent levy, Trump said, announcing the trade deal on Wednesday. Vietnam would accept US products with a zero percent tariff, he…
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News Source: www.aljazeera.com
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