Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
NEW YORK, July 2 (Xinhua) — U.S. President Donald Trump announced on his social media platform Truth Social that he had just concluded a trade deal with Vietnam after talking with General Secretary of the Central Committee of the Communist Party of Vietnam To Lam.
“This will be a great deal of cooperation between our two countries. The terms stipulate that Vietnam will pay the United States a customs duty of 20 percent on all goods shipped to our territory, without exception, and 40 percent on all transhipments,” the American leader wrote.
As noted in the publication, in exchange, Vietnam will do something it has never done before, namely, provide the United States with full access to its market for trade.
The country will “open its market to the United States,” meaning “we will be able to sell our products to Vietnam at zero tariff rates,” D. Trump said. –0–