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How Trump’s Trade Deal With Vietnam Is Really About China
“Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping,” Trump said on his social network. “In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade.”
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China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the ...
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