Trump announces a commercial deal

President Donald Trump announced on Wednesday that he hit a The commercial deal With Vietnam.

“It will be a great deal of cooperation between the two countries. The conditions are that Vietnam will pay the United States a 20 % tariff on any and all the goods sent to our lands, and a 40 % tariff for any passing,” Trump wrote in a position on the social truth.

“On the other hand, Vietnam will do something that they have not done before, the United States gives full access to its markets for trade. In other words, they will open their market to the United States,” which means that we will be able to sell our products to Vietnam when a tariff, ” Trump He added.

Trump says he reached the deal after talking to Lam, the Secretary -General of the Communist Party in Vietnam.

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Trump also said: “From my opinion that the four -wheel drive vehicle, as indicated sometimes, will be a large engine, which works well in the United States, a wonderful addition to the different production lines inside Vietnam. Dealing with the Secretary -General to Lam, which I did personally, was a delutable pleasure.”

Vietnam was previously Hit with a 46 % tariff As part of the exchange ads in Trump.

This tariff was suspended later for 90 days, with the expiration of the comment next week.

Vietnamese Prime Minister FM Minh Cennis said in late June that he was expecting a trade agreement with the United States before the deadline, according to Reuters.

“I hope you will see the result will come early in two weeks,” said Cennia. “Vietnam and the United States shares a deep understanding of the definitions … I hope all positive things will come to us.”

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“The American commodity trade with Vietnam amounted to $ 149.6 billion in 2024” and “US commodity exports to Vietnam in 2024 amounted to 13.1 billion dollars, an increase of 32.9 percent ($ 3.2 billion) from 2023.”.

“The total number of American goods from Vietnam was $ 136.6 billion in 2024, an increase of 19.3 percent ($ 22.1 billion) from 2023. The trade deficit of American goods with Vietnam was $ 123.5 billion in 2024, an increase of 18.1 percent ($ 18.9 billion) over 2023,“ she added.

The Southeast Asian state has been arrested in a sensitive budget law as it tries to maintain trade with the United States, and the largest export market and a security partner, while China, who works as a higher investment source and a neighbor, is not arrested.

The Vietnam government office, a form of coordinating its ministries, held an emergency meeting with government trade experts on April 3, hours after President Donald Trump announced the definitions. The goal was to address Washington’s concerns about stealing alleged intellectual property and transportation violations, according to a person who was briefed on the meeting.

At the meeting, officials of the Ministry of Trade and Customs were asked to tighten the controls and were given for two weeks to devise a plan to inhibit the illegal transport, which is when one country sends goods to a nation facing a tariff less than a third country, the product is reformulated to it without there being an additional value.

There are many goods that have been exported to the West Chinese inputs, and Chinese companies have also created the country’s factories to serve American customers. In many cases, Vietnamese workers treat goods, which are legally shipped to the United States under the “made in Vietnam” sign.

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US officials claimed that China is using Vietnam as a channel for a lesser tariff for goods that do not have a large intuitive participation.

Fox Business Bradford Pitts and Reuters contributed to this report.