Vietnam, Trump and tariff
Digest more
Foreign investors are expected to flock back to Vietnam’s stock market after the country received a lower-than-expected US tariff, said Thu Nguyen, deputy chief executive officer of VinaCapital Fund Management.
President Trump issued form letters to several nations, including the Philippines and Brazil, citing trade imbalances and, in Brazil's case, concerns over digital policies and alleged attacks on free speech.
China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures,
Vietnam’s central bank stands ready to take steps to curb inflation and support growth, as it warns about the impact of higher US tariffs on the economy and its currency.
Pressure for trade deals is mounting as the temporary reduction of Trump’s reciprocal tariffs is set to end in a matter of days.
Explore more
Discover how Vietnam's U.S. trade tariffs impact sneaker giants like Deckers Outdoor Corporation and adidas AG. Click for more on DECK and ADDDF stock prospects.
America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told on CNN’s Audie Cornish, host of “The Assignment” podcast.
American goods will enter Vietnam duty-free in exchange for lower tariffs, the president says.
For more news like this visit TOI. Get all the Latest News, City News, India News, Business News, and Sports News. For Entertainment News, TV News, and Lifestyle Tips visit Etimes