During Xi Jinping's visit, Vietnam bowed to the US and decided to "strictly control the origin of washing"
習近平到訪之際 越南向美低頭決「嚴管洗產地」 |十點不一樣20250414
https://m.youtube.com/watch?v=gsBOGEpAMVE
A 20 per cent tariff will be placed on Vietnamese exports to the US, with a 40 per cent levy on any goods deemed to be transshipped through the country.
Vietnam had agreed to drop all levies on US imports.
It’s a major supplier of textiles and sportswear, hosting factories for companies such as Nike, Gap and Lululemon Athletica .
Vietnam was the sixth-biggest supplier of US imports last year, sending goods worth almost US$137 billion.
Its trade surplus with the US was the third-largest globally on a country basis behind only China and Mexico. Shipments in May jumped 35 per cent.
Touted the Trump Organization’s plans to develop a US$1.5 billion luxury resort complex, a project that will feature five-star hotels, golf courses and residential estates spanning more than 990 hectares.
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