🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
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Share your story on Gate Square, and embrace the next 30 million together!
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President Donald Trump declared Vietnam would face steep new trade barriers, demanding the country "pay a 20 percent tariff" on exports to the U.S. while also requiring it to "fully open its market." This stark threat, characteristic of Trump's "America First" stance, targets one of Asia's fastest-growing economies and a major exporter of textiles, electronics, and furniture to America. While details remain unclear and such a unilateral tariff would likely face legal challenges, the statement signals potential aggressive trade policy shifts targeting Vietnam if Trump returns to office. Businesses reliant on the US-Vietnam supply chain face heightened uncertainty, anticipating higher costs, disrupted logistics, and the risk of retaliatory measures. This pronouncement underscores the volatility surrounding future US trade relations under a potential second Trump term, emphasizing protectionist demands for market access concessions.