It's an interesting opinion piece - let's revisit in six months
As for other trade agreement with out Pacific allies:
The 20% tariff is double the current minimum tariff rate the US is charging on goods from Vietnam and virtually every other country.
“In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade,” he added. “In other words, they will ‘OPEN THEIR MARKET TO THE UNITED STATES,’ meaning that, we will be able to sell our product into Vietnam at ZERO Tariff.”
Among the $350 billion fund, $150 billion will be dedicated to shipbuilding cooperation, supporting Korean companies’ entry into the US shipbuilding industry, Lee said. The rest will go to semiconductors, secondary batteries, biologics and energy.
The new tariff of 15%, however, is still higher than the 10% minimum tariff South Korea’s and dozens of other nations’ goods have faced since April.