Trump announces U.S. trade deal with Vietnam

Trump announces U.S. trade deal with Vietnam


A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025.

Nhac Nguyen | Afp | Getty Images

President Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam.

Trump’s Truth Social post announcing that deal provided no additional information, but assured that more details were forthcoming.

The agreement was unveiled less than a week before a 90-day pause on many of Trump’s so-called reciprocal tariffs was set to expire.

Under that protectionist trade scheme, Vietnamese imports to the U.S. were subject to a 46% blanket tariff.

It was not immediately clear what tariffs, if any, Vietnam would face under the yet-to-be-detailed trade deal with the U.S.

This is breaking news. Please refresh for updates.



Source

European stocks set to open higher as traders monitor UK turbulence, await U.S. jobs report
World

European stocks set to open higher as traders monitor UK turbulence, await U.S. jobs report

Join CNBC for live updates on European markets. Source

Read More
Gen Z is grappling with global chaos—here’s how they’re coping with ‘inheriting broken systems’
World

Gen Z is grappling with global chaos—here’s how they’re coping with ‘inheriting broken systems’

As the first digital-native generation, Gen Z is exposed to global instability in a way that no other generation has been. Skynesher | E+ | Getty Images As the first digital native generation, Gen Z is grappling with exposure to global instability in a way that no other generation has. “We were raised with war […]

Read More
From albums to stadiums: K-pop companies look for higher revenue in live concerts
World

From albums to stadiums: K-pop companies look for higher revenue in live concerts

When Blackpink kicks off their “Deadline” world tour in Goyang , South Korea, this weekend, they’ll be aiming to top the record-breaking run of their previous tour, which grossed over $330 million and was reportedly the highest-earning in history by a girl group. Projections from Daishin Securities show that the new tour by the four-member […]

Read More