Trump announces trade deal with Japan
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Manishi Raychaudhuri, Veteran Investor In Asian Equities, highlights the potential of tariff deals between ASEAN and India, noting existing US agreements with Vietnam, the UK, Indonesia, and Japan. India currently has an interim 10% tariff deal till 1st August,
SINGAPORE] Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal with the US. Read more at The Business Times.
Vietnam’s negotiators are still working on the terms of the tariff deal with their US counterparts, more than two weeks after it was first announced by US President Donald Trump.
The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.
The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.
The tariff deal between the United States and Vietnam sets the stage for a further climb in trade volumes between the countries and will also impact the energy generation mix that powers the fast ...