Asia-Pacific Markets React to U.S.-Vietnam Trade Deal and Its Global Implications
TL;DR
Vietnamese stocks reached their highest in over three years following the announcement of a U.S.-Vietnam trade agreement, which includes a 20% tariff on Vietnamese imports to the U.S., while Vietnam's dong hit a record low against the dollar. The deal has sparked a stock market rally in Vietnam and positive movements in other Asian markets, despite concerns over tariffs and trade imbalances.
Topics:top-newsbusiness#business#stock-market-rally#tariffs#us-vietnam-trade-deal#vietnam-dong#vietnamese-stocks
- Asia-Pacific markets trade mixed as investors assess U.S.-Vietnam trade deal CNBC
- Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports CNBC
- Stock market today: S&P 500, Nasdaq leap to fresh records as Vietnam trade deal boosts hopes ahead of key jobs report Yahoo Finance
- Nike, Lululemon, and More Retail Stocks Rise on Vietnam Trade Deal Barron's
- US-Vietnam Trade Deal Raises Risk of China Retaliation, BE Says Bloomberg.com
Want the full story? Read the original reporting
Read on CNBC