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The Latest Breaking News from Vietnam

Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.

Tom’s Hardware

Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence.

Benzinga

Coffee Prices Sink as Brazil's Coffee Harvest Accelerates

September arabica coffee (KCU25 ) on Monday closed down -11.35 (-3.92%), and September ICE robusta coffee (RMU25 ) closed down -151 (-4.11%). Coffee prices sold off sharply on Monday, with Sep arabica coffee posting a contract low, and the July (N25) nearest-futures contract dropping to a 7.5-month low. Sep robusta...

Barchart

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Brazil's Coffee Harvest Weighs on Prices

September arabica coffee (KCU25 ) today is down -8.70 (-3.00%), and September ICE robusta coffee (RMU25 ) is down -135 (-3.67%). Coffee prices are sharply lower today, with Sep arabica coffee posting a contract low, and the July (N25) nearest-futures contract dropping to a 7.5-month low. Sep robusta prices fell...

Barchart

‘We are all Vietnamese and came to Germany to build a better life’

After the Vietnam War ended, thousands travelled to Germany. A recent anniversary has stirred a sense of reflection.

Al Jazeera

Is Trump tariff deal really a win for Vietnam – or a way of punishing China?

US exports account for third of Vietnam’s GDP and 40% tariff on so-called transshipments – products with Chinese input – means uncertainty for manufacturers

The Guardian - UK

Nintendo Switch 2 prices might climb due to tariff changes — US hikes Vietnam tariffs to 20%, up from 10% when the console launched

The US-Vietnam trade deal sets tariffs on Vietnamese goods at 20%, adding upwards pressure on the retail price of Switch 2 consoles.

Tom’s Hardware

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Vietnam's Laid-off Communist Officials Face Uncertain Future

Sipping green tea in his garden of roses, ex-communist party official Nguyen Van Cuong says he is "jobless but happy" after Vietnam cut 80,000 state roles this week.

International Business Times

Benzinga Bulls And Bears: Datadog, Centene, Lucid — And US Makes Surprise Trade Deal With Vietnam

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

Trump Says US Will Raise Tariffs To Up To 70% As July 9 Deadline Looms

President Donald Trump has announced that his administration will begin informing trading partners about new tariffs on their exports starting this Friday.

Benzinga

US judge clears path for eight immigrants to be deported to South Sudan

Justice department says the men – including nationals from Vietnam, South Korea, Mexico, Laos, Cuba and Myanmar – will be flown to South Sudan

The Guardian - US

After decades of service, Taiwan retires its last F-5 fighter jets

After decades in service, Taiwan’s Vietnam-era F-5 fighter jets are being retired as part of the island democracy’s transition to more advanced hardware

The Independent UK

Trump Lectures Japan About Rice But U.S. Tariffs Make Sugar And Peanuts 140% More Expensive For Americans, Says Peter Schiff

President Donald Trump has been ramping up his tariff threats against Japan, accusing the country of refusing to buy U.S. rice. But economist and gold advocate Peter Schiff says the U.S. should look in the mirror first.

Benzinga

Coffee Prices Continue to See Pressure from Brazil's Coffee Harvest

September arabica coffee (KCU25 ) today are unchanged, and September ICE robusta coffee (RMU25 ) is up +13 (+0.36%). Coffee prices today are little changed, consolidating just above the recent lows. Sep arabica coffee on Wednesday fell to a contract low and the July (N25) nearest-futures contract dropped to a...

Barchart

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Reason

Trump's New Trade Deal Has a Clear Winner: Vietnam

Americans will continue to pay higher tariffs, while Vietnamese businesses won't pay anything. Whatever happened to reciprocity?

Reason

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Plus: Trade deal with Vietnam, Romanian right-wing presidential candidate sent to trial, and more...

Benzinga

Trump's Vietnam Trade Deal With 40% Tax On Transshipments May Result In Chinese Backlash, Say Economists: '...They Want Inflation'

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs.

Benzinga

US Stocks Likely To Open Higher As Trump Announces Vietnam Trade Deal: S&P 500's Golden Cross 'Reason To Expect Better Than Average Returns,' Says Expert

U.S. stock futures were slightly higher on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher.

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news in one place.

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Benzinga

Peter Schiff Warns 'Americans Will Suffer' And 'Vietnamese Will Enjoy' After Trump's Trade Deal With Hanoi

Economist Peter Schiff is calling out President Donald Trump’s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement.

Benzinga

S&P 500 Settles At Record High After Trump Announces Trade Deal With Vietnam: Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.

Fortune

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.

International Business Times

US-Vietnam Trade Deal Sows New China Uncertainty

Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts warned it could provoke a fresh standoff between Washington and Beijing.

The Independent UK

Asian shares mostly higher after US stocks hit another record as Tesla and Nike rally

Asian shares are mostly trading higher after U.S. stocks hit another record

International Business Times

Asian Stocks Mixed As Traders Shrug At US-Vietnam Trade Deal

Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that could impact Federal Reserve interest rates plans.

Kiplinger

Stock Market Today: S&P 500, Nasdaq Hit New Highs After Vietnam Trade Deal

Ahead of a key July 9 tariff deadline, President Trump said the U.S. has reached a trade deal with Vietnam.

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