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July 3, 2025

Trump Reduces Tariffs on Vietnam as Trump Organization Looks to Expand Investments
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President Trump says he's struck a trade agreement with Vietnam that
will see U.S. goods enter the country duty-free. In return, the U.S.
will apply a 20% tariff on Vietnamese imports, down from the 46% rate
Trump announced in April. The reported deal comes just weeks after the
Trump Organization broke ground on a $1.5 billion golf course in
Vietnam. Meanwhile, Reuters reports Eric Trump recently visited Ho Chi
Minh City to explore plans to build a Trump-branded skyscraper.


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