The United States announced it had reached a trade deal with Vietnam on Wednesday, which will see Washington impose a 20 per cent tariff on Vietnamese goods.
Businesses in Vietnam’s vast export sector initially reacted with relief to the news, as the 20 per cent rate is substantially lower than the 46 per cent so-called “reciprocal” tariff that the US threatened to impose on Vietnam in April.
However, the agreement has a sting in the tail. US President Donald Trump also said in a social post…
