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Trump piles up trade deals as Asia agrees to open up to American goods
These deals share a common goal: opening markets to American goods to cut trade deficits and support domestic industries. Mr Trump’s steep tariff threats are seen to have been effective. There is also a huge investment component in the Japan deal.
Vietnam’s stock benchmark is closing in on a record high, fueled by optimism over sweeping political reforms and clarity on a trade deal with the US.
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Vietnam Trade Deal Takes Aim at Back Door for Chinese GoodsThese provisions of the Vietnam deal show that China remains the central focus of U.S. trade policy even after Washington and Beijing reached a shaky trade truce and discussions with other ...
The announcement came after President Trump in April proposed a steep 46% tariff on Vietnamese imports; he later paused those ...
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