India-US trade: Vietnam deal raises red flags; GTRI urges New Delhi to tread carefully

Jul 3, 2025 - 10:00
India-US trade: Vietnam deal raises red flags; GTRI urges New Delhi to tread carefully

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A new US-Vietnam trade agreement, imposing a flat 20% tariff on Vietnamese exports, is causing concern in Asian markets. The deal replaces a previous agreement with preferential access, potentially disrupting Vietnam's $135 billion export flow.

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