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In the absence of a flair system on lemmy yet, let’s try to make it easier to scan through posts by type in here by using tags:
"It is my opinion that the SUV or, as it is sometimes referred to, Large Engine Vehicle, which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam"
Source: https://truthsocial.com/@realDonaldTrump/posts/114784170652465525
I’m so confused? Why would Vietnam agree to a one sided “free” trade agreement.
Assuming trump has wildly oversimplified the details to sound better than they are.
US goods will be cheaper in Vietnam compared to other countries in the region. US companies will be more likely to invest in Vietnam compared to other countries in the region. If 20% is low relative to where their regional competitors end up it's not a bad deal. I don't think a lot of US produced goods compete with local products so its not likely to cause domestic industry much problems.
Until he changes his mind next week.