Trump announces a US trade deal with Vietnam | CNN Business

CNN  — 

Against a ticking clock, President Donald Trump said Wednesday the United States has reached a trade agreement with Vietnam, pulling off the administration’s third significant deal ahead of a self-imposed July 9 deadline.

Still, the state of global trade largely remains in flux.

“I just made a Trade Deal with Vietnam,” Trump wrote in a Truth Social post.

In a subsequent post announcing more details, Trump said the United States will charge a 20% tariff for Vietnamese exports into America, and a 40% tariff for “transshipping.” Although it wasn’t

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