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flag US and Vietnam make significant progress in trade negotiations, aiming to finalize tariff arrangements.

flag Vietnam and the US concluded their second round of trade agreement negotiations in Washington DC from May 19-22, making significant progress. flag Both sides exchanged policy information, clarified draft agreement language, and agreed on timelines for feedback and virtual meetings for the next round of negotiations. flag US trade with Vietnam reached $149.6 billion in 2024, with increasing exports and imports. flag Vietnam emphasized the need for more talks to finalize tariff arrangements, with negotiations set to continue in early June.

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