US and Vietnam Sign Tariff Agreement, Rate Slashed from 46% to 20%
The United States and Vietnam recently reached a significant tariff agreement, reducing the previously high tariff rate from 46% to 20%. This agreement is expected to greatly improve bilateral trade, allowing American goods to be imported into Vietnam at zero tariffs.
Trump emphasized that this deal would strengthen economic cooperation between the two nations, boosting the competitiveness of U.S. products in the Vietnamese market.
