Donald Trump's bold claim comes as his tit-for-tat trade war continues with China - who warned the US President to 'stop whining' about being a victim after 'taking a free ride on the globalisation tr

Levies are currently set at a blanket 10%, down from rates set as high as 49% on Cambodia and 46% on Vietnam. With the latest exemptions, the effective rate on Vietnamese goods will fall to about 7% as close to a third of its exports to America, largely technology products, are exempt.

Trump signals possible tariff relief for US carmakers as industry pressures mount over supply chain challenges and rising manufacturing costs.