Japan and South Korea will face 25% blanket levies starting Aug. 1, according to the first of a series of promised letters from the Trump Administration, unilaterally imposing tariffs after a deal with Vietnam was announced last week. Under the terms of the agreement, the U.S. is imposing a 20% rate on Vietnamese goods, while transshipments through Vietnam from third-party countries will see a 40% levy. The transshipment clause, prompted by Chinese exporters’ use of the practice, is raising questions about how inputs will be treated, especially for the apparel sector, ... Log in to view full article.