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flag U.S. and Vietnam agree on new trade framework with tariffs, market access, and regulatory reforms to boost commerce.

flag The U.S. and Vietnam have agreed on a framework for a new trade deal that maintains a 20% tariff on most Vietnamese goods while eliminating tariffs on specific products. flag In return, Vietnam will grant preferential access to most U.S. exports, adopt U.S. vehicle safety and emissions standards, streamline approvals for medical devices and pharmaceuticals, and strengthen intellectual property protections. flag The agreement aims to boost bilateral trade, enhance supply chain resilience, and address non-tariff barriers. flag Recent deals include an $8 billion Boeing aircraft purchase and $2.9 billion in agricultural imports. flag The agreement is expected to be finalized and undergo domestic procedures before implementation.

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