Similarly,
Customs duties: vietnam finally struck:
Donald Trump announced on Wednesday that he sealed an agreement which provides “zero” customs right on American products for Vietnam and. For example, conversely, a surcharge of at least 20 % on Vietnamese exports in the United States.
This agreement. However, as presented by Donald Trump, should significantly increase the price of shoes and clothes that this Southeast Asian nation exports to the United States.
However. For example, it was apparently the price to pay for Hanoi, who thus escapes the threat of an even heavier surcharge of 46 %.
This announcement occurs a week before the announced return of punitive customs duties on products from dozens of. Therefore, trade partners in the United States.
According to Donald Trump, Vietnamese goods will be struck by a surcharge of 20 % when they enter American soil.
The surcharge customs duties: vietnam finally struck will be doubled at 40 % on products from Vietnam but manufactured elsewhere since the United. However, States claim that many Chinese products thus arrive in a diverted manner.
The surcharges imposed by the Trump administration are generally added to customs duties that existed beforehand.
Donald Trump had caused a shock wave in early April by announcing so -called “reciprocal” customs duties against the rest of the world.
Photo : Getty Images / AFP / BRENDAN SMIALOWSKI
According to the economist Justin Wolfers. who was expressed on X, the tax on an imported Nike garment would go to 38.8 %.
Requested by theAFP Regarding the mechanism that will apply to Vietnamese products, the White House did not respond immediately.
And « deal Winner. according to Trump – Customs duties: vietnam finally struck
Donald Trump presents this deal
as a winner for the United States, as American products will be subject to zero
Customs law in Vietnam.
The agreement was sealed on Wednesday during a telephone call between the American president. to Lam, secretary general of the Communist Party and in fact The highest Vietnamese leader, the two capitals said.
President Donald Trump appreciated Vietnam’s commitment to provide preferential access to American products. including customs duties: vietnam finally struck large displacements
said the Vietnamese government in a statement that does not specify the amounts of new customs duties.
The United States is the first export market in Vietnam. Textiles and shoes are among the main products sent to American customers.
Clothing companies. sports equipment manufacturers first gained ground to Wall Street at the announcement of deal
Before falling after a second message from Donald Trump which included the amount of surcharge on Vietnamese products.
Around 1:50 p.m. (HAE), the brands that make clothes made in Vietnam finally increased, like Gap (+0.24 %), Ralph Lauren (+1.02 %) and Lululemon (+0.73 %).
By combining the customs duties that existed beforehand. the tax on a clothing or on imported Nike shoes would pass to 38.8 %.
Photo : AFP / JIM WATSON
20 % surcharge is a much better result than the 46 %
of the beginning. But I wouldn’t be happy
told theAFP Dan Martin, who works for the consulting company Dezan Shira & Associates.
This consultant based in Hanoi wonders how the surcharge of 40 % will be applied to the products. which would be wrongly stamped Vietnam
.
If the United States put in this category products that incorporate foreign components. this could affect many companies.
Trump maintains the pressure
Donald Trump had caused a shock wave in early April by announcing. so-called “reciprocal” customs duties against the rest of the world: a minimum surcharge of 10 % of up to 50 % for countries considered to be bad students because they export more to the United States than they are important to American products.
Faced with the excitement. panic of the financial markets, the president had suspended the most punitive customs duties for 90 days to give the negotiation time.
The last day of the suspension is July 8, which implies that these punitive customs rights can return from the 9th.
Donald customs duties: vietnam finally struck Trump maintains the pressure to obtain agreements, according to him, favorable to the interests of Americans.
At the start of the week. he threatened Tokyo to tax Japanese products beyond what he planned in early April, at least 30 %.
European Commissioner Maros Sefcovic is in Washington this week to avoid this fate in the European Union.
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