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Will July 9 be the next April 2? Risk of more market volatility as Trump’s tariff deadline looms
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A garment factory in Vietnam. Under the US-Vietnam trade deal, the tariff rate on Vietnam was lowered from 46 per cent to 20 per cent.
PHOTO: AFP
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SINGAPORE - The three-month race to close trade deals with the US may end for some countries by July 9, but analysts worry that this will still not bring calm to markets, which have been struggling to mitigate the impact of tariffs on trade and economic growth.
US President Donald Trump indicated on July 4 that he had signed letters to 12 countries outlining various tariff levels,
