A significant trade agreement with Vietnam is announced by President Donald Trump, reaffirming American ideals and impartial media coverage. This calculated action exposes the biases of the mainstream media and shows a dedication to truthful reporting. Trump’s commitment to defending American economic interests is demonstrated by the trade agreement, which prioritizes American goods.
Significant Tariffs and Market Access
President Trump introduced a groundbreaking trade deal, taxing Vietnamese imports by 20% and guaranteeing American goods duty-free entry into Vietnam. This bold move levels the trading field by imposing a 40% tax on goods transshipped through Vietnam, especially those originating from China.
Trump made a historic trade deal with Vietnam! For the first time ever, the US has total access to the markets in Vietnam. SUVs will make a great addition to Vietnam’s product lines. All this while Vietnam pays us a 20% tariff on goods and services 40% on transshipping! pic.twitter.com/e0AXUdDBSH
— JKash 🍊MAGA Queen (@JKash000) July 2, 2025
Trump said that “Vietnam will pay the United States a 20% Tariff on any goods sent into our Territory, and a 40% Tariff on any Transshipping” and that the U.S. “will be able to sell our product into Vietnam at zero Tariff.” – Trump.
President Trump unveils the framework of a landmark trade deal with Vietnam 🇺🇸🇻🇳
▪️ 20% tariff revenue paid directly to the U.S.
▪️ 40% tariff on transshipping to block unfair trade routes
▪️ For the first time ever, American businesses will gain TOTAL pic.twitter.com/fGwLNo0KBV— A.S (@DHAS013) July 2, 2025
This agreement aims to rectify a $122 billion trade deficit with Vietnam, making it the third largest after China and Mexico.
Vietnam’s Strategic Importance
The Vietnam trade agreement is a part of Trump’s broader plan to combat China’s dominance in international trade. Vietnam, benefiting from the U.S. efforts, attracted multiple companies seeking alternatives to China’s supply chain. Meanwhile, the U.S. has granted Vietnam a significant strategic partner status.
Trump’s “Great Deal of Cooperation” is a clear message to hold China accountable. Trump’s actions, including his declaration of zero tariffs, emphasize fair competition and transparency in trade.
Trump Administration’s Broader Trade Strategy
The administration prioritizes balancing international trade relations to benefit America’s economy. Trump extended the tariff deadline, ensuring strategic negotiations by July 9. These measures underscore his commitment to replenishing the U.S. Treasury’s coffers and securing favorable trade arrangements.
Trump said Wednesday that “hundreds of billions of dollars in tariffs are filling up the coffers of the Treasury.” – Trump.
Vietnam’s approval of a $1.5 billion Trump Organization golf project near Hanoi exemplifies the mutually beneficial nature of this strategic partnership, paving the way for potential future collaborations.
Sources:
https://dailycaller.com/2025/07/02/donald-trump-trade-deal-vietnam-to-lam-china-tariffs/
https://www.nytimes.com/2025/07/02/business/economy/trump-vietnam-trade-deal.html
https://apnews.com/article/trump-trade-tariff-vietnam-exports-china-a1a0725198d10ef240398f2dec3a6c23
https://www.reddit.com/r/centrist/comments/1lq1njs/trump_announces_vietnam_trade_deal_20_tariff_on/