Business

Once bombs, and today duties. Trump announced the conclusion of a sales system with Vietnam

2025-07-02 17:29

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2025-07-02 17:29

US President Donald Trump announced on Wednesday that he agreed with a commercial agreement with Vietnam. According to Trump, Vietnam agreed completely to endure duties to goods from the US in exchange for lowering customs duties on goods from Vietnam to 20 percent.

Once bombs, and today duties. Trump announced the conclusion of a sales system with Vietnam
Once bombs, and today duties. Trump announced the conclusion of a sales system with Vietnam
photo: Brian Snyder / / Forum

Additionally, 40 percent Products from other countries sent via Vietnam are to be covered by the customs.

I have a great honor to announce that I have just concluded a trade agreement with the Socialist Republic of Vietnam after talking to this lamaHighly respected secretary general of the Communist Party of Vietnam. It will be a great cooperation between our two countries, “Trump announced in an entry on his Truth Social social networking site.

According to the conditions he presented, goods imported by the US from Vietnam will cover 20 percent. duty, and those from other countries, but reloaded in Vietnam – 40 percent

“In return, Vietnam will do something he has never done before, It will provide the United States of America with full access to its trading markets. In other words, +they will open their market for the United States +, which means that we will be able to sell our products in Vietnam at zero duties, “Trump said. He added that in his opinion American SUVs will be a” great addition to different products in Vietnam. “

According to Trump from April 2, when he appointed very high duties on products from almost 70 countries of the world, those from Vietnam were to be covered by one of the highest tariffs – 46 percent. After Trump suspended these rates, Vietnam turned to the US with a proposal to eliminate duties to zero, but Trump's administration rejected this proposal.

Vietnam is one of the main sources of clothing, electronics and other cheap consumer goods imported to the USA. At the same time, the United States accused the country that it enables the bypassing of customs and sanctions to Chinese goods, allowing the reloading of goods from the PRC.

The agreement announced by Trump is the third trade agreement announced by the US administration from April 2. Earlier, the Trump administration agreed to preliminary conditions for agreement with Great Britain and China.

From Washington Oskar Górzyński (PAP)

OSK/ MAL/

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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