Trump Reveals Vietnam Trade Talks As Nike Stock Rallies On Surprise Turnaround

Benzinga (Fri, 04-Apr 2:20 PM)

Shares of clothing and footwear retailers are climbing on Friday after President Donald Trump revealed that Vietnam is interested in negotiations to reduce tariffs. 

The Details: President Trump said in a post on Truth Social that he had a "very productive call" with To Lam, General Secretary of the Communist Party of Vietnam regarding possible negotiations to eliminate tariffs. 

"Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S. I thanked him on behalf of our Country, and said ...

Full story available on Benzinga.com