President Donald Trump announced that the US has reached a new tariff agreement with Vietnam, lowering tariffs on Vietnamese exports to the US from a previously reciprocal rate of 46% to 20%. While the tech and electronics industries generally welcomed the announcement, experts say the real game-changer may lie in a lesser-discussed clause: a 40% tariff on transshipped goods. The details of its implementation—and the criteria for what qualifies as transshipment—remain unclear.
China's annual 618 mid-year shopping festival — once a bellwether of consumer strength — wrapped up with mixed results this year, highlighting persistent weakness in domestic demand and mounting challenges for the memory and storage sectors.
