With less than a month until new tariffs take effect, the U.S. has accelerated its rollout of country-specific reciprocal tariff letters, now reaching 22 countries in total. These tariffs are set to be enforced at 12:01 a.m. EDT on August 1, following the expiration of the current extension period. These tariffs fall under the country-specific reciprocal tariff framework, a policy intended to address long-standing trade … Read More
Historic U.S.–Vietnam Trade Pact Redefines Market Access
In a significant development on the global trade front, President Donald Trump announced a new trade agreement between the United States and the Socialist Republic of Vietnam. The deal, struck following direct discussions with General Secretary Tô Lâm of the Communist Party of Vietnam, introduces a sweeping framework for tariffs, market access, and cooperation, one that could reshape the economic relationship between the two nations. … Read More