The details of the Vietnam deal will reportedly be released in the next two hours but it looks like this is more of a handshake and that many of the numbers won’t be firm, including tariffs.
Meanwhile, Dep Treasury Sec Faulkender said he expects a number of deals to be announced next week. We’ve heard that before but the US has some momentum now and the July 9 deadline is still technically in play.
This article was written by Adam Button at www.forexlive.com.