Trump announces U.S. trade deal with Vietnam

A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025.

Nhac Nguyen | Afp | Getty Images

President Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam.

Trump’s Truth Social post announcing that deal provided no additional information, but assured that more details were forthcoming.

The agreement was unveiled less than a week before a 90-day pause on many of Trump’s so-called reciprocal tariffs was set to expire.

Under that protectionist trade scheme, Vietnamese imports to the U.S. were subject to a 46% blanket tariff.

It was not immediately clear what tariffs, if any, Vietnam would face under the yet-to-be-detailed trade deal with the U.S.

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