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  • 1 year ago
The U.S. will impose a 20% tariff on many Vietnamese exports, lower than the previously threatened 46%, U.S. President Donald Trump announced just days before a deadline for broader tariffs.

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00:00Our first top story for tonight, the United States will place a lower-than-promised 20% tariff on many Vietnamese exports, according to President Donald Trump.
00:10This could have tensions with the country's 10th biggest trading partner, days before the U.S. president could raise levies on most imports.
00:19Vietnamese goods would face a 20% tariff and transshipments from third countries through Vietnam will face a 40% levy, Trump said.
00:27However, he added that Vietnam could import U.S. products with a 0% tariff.
00:33Trump's announcement comes just days before the July 9 deadline, before he ramps up tariffs on most imports.
00:39Under that plan, announced in April, U.S. importers of Vietnamese goods would have had to pay a 46% tariff.
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