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International Business Times
International Business Times
Business

Firms In Vietnam Walk Tightrope As Trump's Transshipping Rule Looms

The United States is a major market for Vietnams exports including clothing and shoes (Credit: AFP)

As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.

Hanoi this month reached a deal with the United States, its main export market for products including clothing and shoes, that will see its shipments hit with a 20 percent toll.

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