Archive · 3 Jul 2025
Trump Announces Vietnam Trade Deal, Imposes 20% Tariff
President Trump made a new trade deal with Vietnam.
This means things Vietnam sells to the U.S. will have a 20% tax.
Also, Vietnam will let American products be sold there without taxes.
If goods go through Vietnam from other countries, they might get a 40% tax.
This was decided after Trump talked with To Lam.
The U.S. and Vietnam reached a trade agreement on Wednesday.
U.S. will impose a 20% tariff on Vietnamese exports.
A 40% tariff will be applied to goods transshipped through Vietnam.
Vietnam will provide "TOTAL ACCESS" to the U.S. market.
The deal follows discussions between Trump and To Lam.
- Who
- U.S. President Donald Trump and Vietnamese officials including To Lam.
- What
- A trade agreement was reached between the U.S. and Vietnam.
- When
- Announced on Wednesday.
- Where
- Involves trade between the United States and Vietnam.
- Why
- To facilitate trade and adjust tariff rates.
U.S. Perspective
Vietnam Perspective
Fair Trade Deal
U.S. Perspective
Securing favorable trade terms and market access for U.S. goods.
Vietnam Perspective
The deal will maintain and ensure continued economic ties with the U.S.
- Tariff on Vietnamese Exports
- 20%
- Tariff on Transshipped Goods
- 40%
- U.S. Market Access
- Zero tariffs
- Negotiating Officials
- President Donald Trump, To Lam
Sources
20% tariffs on imports, full US market access: Trump announces ‘great’ trade deal with Vietnam
President Donald Trump says US has struck trade deal with Vietnam - Telegraph India
Trump announces trade deal with Vietnam: ‘They will pay us 20% tariffs, US products to be sold at …’
Donald Trump claims Vietnam agrees to 20% import tariffs, zero on US products
'TOTAL ACCESS to markets': Trump just made a trade deal with Vietnam | Terms EXPLAINED
Trump announces preliminary US trade deal with Vietnam, pauses tariffs for further talks
Trump secures Vietnam trade deal: 20% tariff on imports, nil on US goods