“Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping,” Trump said on his social network. “In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade.”

An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.

Hi, this is James Mayger in Beijing, where everyone is paying close attention to President Donald Trump’s latest trade deal with Vietnam.

President Donald Trump said early Friday his administration is resuming a broad set of tariffs on dozens of countries after a 90-day pause, as trade negotiations with many of those nations have failed to yield new deals.

President Donald Trump's trade policy enters a critical phase as he announces the dispatch of tariff notice letters to trade partners.