The US president Donald Trump stated today (02.07.2025) that Vietnam will pay duty 20% for all the products it sends to the United States territory and a 40% duty for uploading under a trade agreement.
Specifically, Trump said that “the terms are Vietnam will pay a 20% duty to the US for all the goods it sends to our territory and a 40% duty for every upload” in a post on the Truth Social platform.
“They will open their markets to the United States, which means we will be able to sell our product in Vietnam with zero duty,” the US president continued.