In his tweet about the tariff deal with Vietnam, Trump mistakenly says that Vietnam will pay the United States the 20% tariff. Does Trump really not understand at this point that the receiving country pays tariffs on imports? Trump's praise of the "Great Deal of Cooperation" between Vietnam and the U.S. almost makes us forget The Trump Organization's very lucrative business dealings with Vietnam as recently as September 2024 with Eric Trump present at a ground-breaking ceremony on May 21 of this year. The Vietnamese government approved plans for that Trump golf resort in Hung Yen province in record-breaking time and offered all sorts of advantages to Trump's company while the threat of 46% tariffs was hovering over the country. Evidently, their work paid off. Yet Vietnam must ever beware Trump. In 2019, during his first term, Trump initiated sanctions against Vietnam for alleged currency manipulation. Would he do so again should he become suspicious of Vietnam's weakening currency now, or will his golf resort there keep him happy and pacified? The business collusion between Trump and his sons is discussed in "The Trump Boys" on Substack at https://open.substack.com/pub/constancemccutcheon/p/the-trump-boys?r=1ldygm&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
In his tweet about the tariff deal with Vietnam, Trump mistakenly says that Vietnam will pay the United States the 20% tariff. Does Trump really not understand at this point that the receiving country pays tariffs on imports? Trump's praise of the "Great Deal of Cooperation" between Vietnam and the U.S. almost makes us forget The Trump Organization's very lucrative business dealings with Vietnam as recently as September 2024 with Eric Trump present at a ground-breaking ceremony on May 21 of this year. The Vietnamese government approved plans for that Trump golf resort in Hung Yen province in record-breaking time and offered all sorts of advantages to Trump's company while the threat of 46% tariffs was hovering over the country. Evidently, their work paid off. Yet Vietnam must ever beware Trump. In 2019, during his first term, Trump initiated sanctions against Vietnam for alleged currency manipulation. Would he do so again should he become suspicious of Vietnam's weakening currency now, or will his golf resort there keep him happy and pacified? The business collusion between Trump and his sons is discussed in "The Trump Boys" on Substack at https://open.substack.com/pub/constancemccutcheon/p/the-trump-boys?r=1ldygm&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false