The deal announced by Trump indicates that the Vietnamese exports will be charged a higher rate than they have been during the negotiating period. “In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade,” Trump wrote.

President Donald Trump said he had reached a trade deal with Vietnam following weeks of intense diplomacy between the nations and ahead of a deadline next week that would have seen higher tariffs imposed on the country’s imports.

Washington — President Trump announced Wednesday that the U.S. has reached a trade deal with Vietnam, days before the July 9 deadline when the pause on his so-called reciprocal tariffs will expire.