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U.S. and Vietnam agree on new trade framework with tariffs, market access, and regulatory reforms to boost commerce.
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.
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.
The agreement aims to boost bilateral trade, enhance supply chain resilience, and address non-tariff barriers.
Recent deals include an $8 billion Boeing aircraft purchase and $2.9 billion in agricultural imports.
The agreement is expected to be finalized and undergo domestic procedures before implementation.
EEUU y Vietnam acuerdan un nuevo marco comercial con aranceles, acceso al mercado y reformas regulatorias para impulsar el comercio.