United States and four Southeast Asian countries reach trade agreement!
On the 26th, the US president stated that a trade agreement has been reached with major Southeast Asian countries such as Malaysia, Thailand, Cambodia, and Vietnam. The White House website of the United States published a joint statement on the trade agreement with these countries today.
The joint statement shows that the trade agreement between Malaysia and Cambodia is a mutual trade agreement, while the agreements with Vietnam and Thailand are framework agreements for mutual trade.
According to the agreement, Malaysia, Thailand, and Cambodia have agreed on a tariff rate of 19%, while Vietnam has a tariff rate of 20%.
Original text: www.toutiao.com/article/1847083106970636/
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