The announcement came after President Trump in April proposed a steep 46% tariff on Vietnamese imports; he later paused those tariffs while talks continued.
President Trump says the U.S. has made a trade deal with Vietnam as part of his push to renegotiate tariffs with dozens of different countries around the world. It comes as the president’s self-imposed deadline for those tariff negotiations is just a week away.
In a social media post, Trump said tariffs will now be 20% on goods from Vietnam and 40% on goods shipped through Vietnam.
