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September 20, 2018

Vietnam’s wood industry to benefit from US-China trade war

Vietnam’s wood industry to benefit from US-China trade war
The trade war between the U.S. and China officially started on 6 July after the U.S. started imposing a 25 per cent duty on US$34 billion worth of Chinese machineries, electronics, and high-tech equipment imports. The Chinese government reacted immediately with matching tariffs on the same amount of U.S. exports to China.  The Trump administration also announced that they will slap a 10 per cent tariffs on additional US$200 billion worth of Chinese goods which could take effect after public consultations end on August 30, according to a statement from the US ...

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