Trump says Vietnam trade deal is 'pretty well set'
ReutersJul 15, 2025 10:55 PM
WASHINGTON, July 15 (Reuters) - U.S. President Donald Trump said on Tuesday that a trade agreement with Vietnam was nearly complete.
Trump told reporters that he could release details of the Vietnam trade agreement, but didn't think it was necessary.
The Communist-ruled country struck a preliminary deal with Trump's administration earlier this month that cuts planned U.S. tariffs on imports from Vietnam to 20% from the 46% level threatened in April. But goods that Washington deems to be illegally transshipped through Vietnam will be subject to a 40% levy.
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