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Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.
During his campaign, Trump has also floated ideas for across-the-board 10% tariff rate on all US trade. Before the election, Barclays estimated this would amount to a 3.2% drag on S&P EPS next year.
August 8: The Office of the United States Trade Representative published its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. [84] [119] [120] In response, China imposed 25% tariffs on $16 billion of imports from the US, which was implemented in parallel with the US tariffs on August 23. [121]
Asia markets opened higher following a positive close on Wall Street. Investors are eagerly awaiting a crucial U.S. inflation report later in the day, which will likely set the tone for the ...
U.S. - Vietnam Trade Relations refer to the bilateral trade relationship between the United States of America (U.S.) and the Socialist Republic of Vietnam (Vietnam) from 1990s to 2012. After more than two decades of no economic relationship since the end of the Vietnam War , [ 1 ] the two governments reestablished economic relationship during ...
Asia-United States relations are covered in these articles: Foreign relations of the United States; East Asia–United States relations; Hong Kong–United States ...
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Last year, the volume of world merchandise trade was down 1.1%, pushed lower by high inflation and rising interest rates. World Trade Organization slightly raises 2024 goods trade forecast but ...