U.S.-Vietnam Trade Deal Targets Transshipping Of Chinese Products
Posted On
July 10, 2025
On July 2, President Trump announced a trade pact with Vietnam. Trump stated that the U.S. would impose a 20% tariff on goods from Vietnam and a 40% transshipping tariff on goods originating in another country and transferred to Vietnam for final shipment to the U.S. In 2023, Vietnam was found to be transshipping Chinese plywood to circumvent U.S. import duties.
Read more: U.S. Struck Trade Deal with Vietnam → | Trump's Vietnam Pact Takes Aim at China →