I’m not sure our apparel and footwear industry would think this is a massive win…. Retailers already pay 18% and 13% tariffs on product they make in Vietnam and bring here … plus another 20%. Equals 30% or more in tariffs It’s not just Vietnam that pays that. It’s American retail.
Howard Lutnick
Howard Lutnick3.7. klo 00.59
Our trade deal with Vietnam is a massive win for America's businesses, manufacturers, and farmers! For the FIRST TIME EVER, Vietnam will open its market to the United States. They will pay 20% to sell their products here, and 40% on transshipping - meaning if another country sells their content through products exported by Vietnam to us - they'll get hit with a 40% tariff. This is HUGE for our farmers.
208,83K