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5 sats \ 0 replies \ @028559d218 8 Apr \ on: Vietnam’s zero tariff offer has been rejected by the Trump admin econ
The tariffs are "designed" (I use that word with emphasis) to balance the trade deficit.
Not to necessarily "reduce the Vietnamese tariffs".
The tariffs in Vietnam could go to zero over night there could be zero tariffs... but if there were still a trade deficit Mr Trump wouldn't be happy.
Calling it a reciprocal tariff... is probably really misleading.