TOKYO — The tariff reductions announced by the U.S. and Vietnam are expected to provide relief for companies like casualwear retailer Uniqlo, which depends on the Southeast Asian nation for a large portion of its supply chain.
U.S. President Donald Trump said Wednesday that U.S. imports from Vietnam will face a 20% tariff, down from the 46% originally proposed. The Vietnamese side did not say what level of tariffs had been agreed on.
