components and materials originating

countries through Vietnam will still face a 40 per cent levy as part of the trade deal. Details on the trans-shipment tariffs are yet to be made public, but analysts believe the clause is primarily aimed at components and materials originating from China and then labelled “Made in Vietnam” to skirt US tariffs. As regards India, Trump has said a mini trade deal is expected to be signed soon. That would be an interim one. In April, Trump announced a 26 per cent retaliatory tariff on Indian goods before pausing implementation pending negotiation. If the deal goes through, lower levies will put New Delhi in an advantageous position as manufacturing could move away from nearby countries with high tariffs like Cambodia ดูหนัง2025