China warns against trade deals that harm third parties after US-Vietnam pact
Beijing, July 3 -- China today expressed concerns over the recent trade agreement between the US and Vietnam, warning that trade deals should not target or harm the interests of third parties.
This statement comes after US President Donald Trump announced a trade deal with Vietnam, which includes a 20% tariff on Vietnamese exports to the US and a 40 per cent tariff on goods deemed to be transshipped through Vietnam.
The trade agreement, announced by Trump, aims to level the playing field for US businesses in Vietnam.
As per the deal, "20 pc tariff will be imposed on Vietnamese exports to the US, and 40 pc tariff on goods deemed to be transshipped through Vietnam."
The trade agreement will help provide Vietnam the US total access to its mar...
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