Last week, the Trump administration announced that it reached a deal with Vietnam that would allow U.S. goods to enter the country duty-free, while Vietnamese exports to the U.S. would face a 20% levy. That was a decline from the 46% tax on Vietnamese imports he proposed in April.

U. stocks slid sharply after President Trump unveiled sweeping 25–40% tariffs on imports from 14 countries, including Japan and South Korea. Tesla shares nosedived after Elon Musk launched a new political party,

Wall Street is pointing to a lower open as the Trump administration steps up pressure on trading partners to quickly make deals before a Wednesday deadline