Japan, Trump and Trade Deal
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Against a ticking clock, President Donald Trump said Wednesday the United States has reached a trade agreement with Vietnam, pulling off the administration’s third significant deal ahead of a self-imposed July 9 deadline.
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Cryptopolitan on MSNVietnam says tariff deal not final, after Trump’s claimTalks between Vietnam and the U.S. about a tariff deal are still ongoing, even after Trump’s July 2 announcement. During Thursday’s press session in Hanoi, Foreign Ministry spokesperson Pham Thu Hang stated both parties are “continuing discussions to clarify and concretize related contents.
U.S. made two more trade agreements this week, but dozens more countries could still be looking to make a deal as higher tariffs loom. President Donald Trump said he reached agreements with Japan and the Philippines on Tuesday.
Donald Trump's trade deals signal a new normal with base tariffs around 10-20%, impacting nations like Vietnam, Indonesia, Philippines, and Japan. An
Vietnam’s negotiators are still working on the terms of the tariff deal with their US counterparts, more than two weeks after it was first announced by US President Donald Trump.
The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.
India faces potential higher tariffs from the US despite concessions offered in trade pacts with other countries.
Donald Trump said the US had agreed a “massive” trade deal with Japan that will impose 15 per cent tariffs on goods imported into America from the world’s fourth-largest economy.
The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.
Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%,