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Zero tariffs for US: Donald Trump announces trade deal with Vietnam; latter subjected to 20% duty

IndiaTimes Wednesday, 2 July 2025
Donald Trump announced a new trade deal with Vietnam, finalized after talks with General Secretary To Lam. Vietnam will impose a 20% tariff on its exports to the US, while granting the US "TOTAL ACCESS" to its markets with zero tariffs. Trump highlighted the potential for American SUVs in Vietnam, praising the deal and thanking To Lam for his cooperation.
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