On July 2nd, U.S. Eastern Time, President Trump announced a new tariff agreement with Vietnam. Under this agreement, goods exported from Vietnam to the U.S. will face a 20% tariff, while goods transshipped through Vietnam from third countries will incur a 40% tariff. Conversely, Vietnam will impose zero tariffs on U.S. products. The implementation details for transshipment clauses, particularly concerning products primarily manufactured in China and then finished in Vietnam, remain unclear.
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