Trump says Vietnam will pay US 20% tariff on all goods sent into US

Trump says Vietnam will pay US 20% tariff on all goods sent into US

President Donald Trump said on Wednesday that Vietnam will pay a 20% tariff on all goods sent to U.S. territory and a 40% tariff on transshipping as part of a trade deal.

"The Terms are that Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping," he said in a truth social post.

"They will 'OPEN THEIR MARKET TO THE UNITED STATES,' meaning that, we will be able to sell our product into Vietnam at ZERO Tariff."

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