Vietnam Signs Trade Deal With US Despite China’s Warnings, More Countries May Follow: Experts

Date:

Vietnam Signs Trade Deal With US Despite China’s Warnings, More Countries May Follow: Experts

Containers are loaded onto a ship at Tien Sa port in Da Nang city, Vietnam, on March 6, 2020. Kham/Reuters

After the United States and Vietnam signed a trade deal, Beijing again issued a warning of retaliation to other countries preparing to sign similar agreements with Washington, as the White House’s July 9 deadline for trade deals approaches.

Under the July 2 agreement, U.S. goods will enter the Vietnamese market tariff-free, while all Vietnamese goods shipped to the United States will be subject to a 20 percent tariff. Any goods transshipped through Vietnam to the United States will face a 40 percent tariff.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Xi Jinping Tightens Loyalty Screen as CCP Prepares for Its 21St National Congress: Insiders

Security stand at the entrance before the closing session...

RCMP Works With International Operation to Target Russia-Based Cybercrime Network

Hands type on a computer keyboard in Toronto in...

USIran Talks Scheduled in Switzerland for June 21, Says Mediator Pakistan

A flag flutters on the Swiss Parliament Building (Bundeshaus),...

Chinas State Firms Dump Renewable Energy Assets as Industry Overcapacity Deepens

The police learned about the operation of the plant...