Vietnam thought it had a deal on its US tariff rate. Then Trump stepped in.
Neither side has released documentation of the tariff terms, raising questions about whether they did, in fact, reach an agreement.
Vietnam’s negotiators had not, in fact, agreed to the 20% rate; they believed the tariff rate would be around 11%, according to the four people.
Some on the U.S. side were surprised, too, including outside groups who’d been tracking the talks, according to one Washington-based lobbyist who works with Vietnam and other Asian governments.
“Trump sandbagged everybody,” said the lobbyist. They described the Vietnamese government’s reaction as “surprise, as well as disappointment and anger.”
https://www.politico.com/news/2025/07/10/vietnam-trump-tariff-deal-00447715Open linkView original on sopuli.xyz123
Comments6
Canada: "first time?" Don't even bother with the states anymore, you can't trust that country.
I don't see any sane governments trying to make deals with him going forward. He's shown that he will just ignore/change any "deals" he makes in all aspects of his life as he sees fit.
I do suspect he'll go TACO in the end but the fucking chaos in the meantime...
No chaos for him. Him and his friends are waiting for the stocks to hit lows then they buy and reverse course. Simple.
Oh well… Eventually TACO.
This is the jackass who is threatening Brazil with 50% tariffs because he doesn't like how they are running their internal affairs.
Trump is like darth vader without the skills, charm, cool suit, nice voice, brains, and epic backstory.
“i am altering the deal…”