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Thai Nguyen Rolling Steel Plant in Steel Production On April 2, US President Donald Trump signed an executive order imposing reciprocal tariffs on over 180 economies, with Vietnam facing a 46% rate. Notably, Vietnamese steel has been excluded and is already subject to a 25% tariff since 2018 under Section 232 of the US Trade Expansion Act. The Trump administration aims to maintain stable tax policies on strategic metals, which are essential for key US industries. This decision avoids “double taxation” and keeps costs down for American consumers. However, it creates a complex scenario with both opportunities and challenges for Vietnam’s steel sector. In 2024, Vietnam exported nearly 13 million tonnes of steel, worth 9.08 billion USD, according to the Vietnam Steel Association (VSA). The US was the third-largest market, accounting for 14% of total exports, after ASEAN and the EU. This highlights the significance of the US market for Vietnam’s steel industry. While the US re...

Christian Pulisic opened the scoring with a spectacular strike, and Folarin Balogun added a second just before halftime as the United States began their Copa America campaign with a confident 2-0 victory over Bolivia. “It was important for us to start the tournament on a positive note,” said US coach Gregg Berhalter. “We wanted to build momentum and improve our performance as the tournament progresses, so I’m pleased with how we started.” The US team came out with intensity and purpose against Bolivia, who have struggled in recent Copa America tournaments, winning just once in their last 31 matches. Balogun missed an early chance in the opening seconds, but Pulisic quickly made amends with a brilliant goal from outside the box, beating Bolivian goalkeeper Guillermo Viscarra. It was Pulisic’s 30th international goal, a milestone achieved in his 69th appearance. Interestingly, his first international goal also came against Bolivia back in May 2016. The Americans doubled their lead j...