After the United States and Vietnam signed a trade deal, Beijing again issued a warning of retaliation to other countries preparing to sign similar agreements with Washington, as the White House’s July 9 deadline for trade deals approaches.
Under the July 2 agreement, U.S. goods will enter the Vietnamese market tariff-free, while all Vietnamese goods shipped to the United States will be subject to a 20 percent tariff. Any goods transshipped through Vietnam to the United States will face a 40 percent tariff.
