Vietnam Reacts to Surprising 20% Tariff Decision by Trump

Reported 1 day ago

Vietnam's leadership was caught off guard by President Trump's announcement of a 20% tariff on its exports, higher than the 10%-15% range they expected. The government is actively negotiating to reduce this rate, as trade officials work on maintaining good relations with the U.S. while managing ties with China, its largest trading partner. Despite uncertainty about the new trade terms, investors view the situation as an opportunity, pushing stock prices to three-year highs.

Source: YAHOO

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