Vietnam, US Narrow Differences in Virtual Trade Deal Talks

Vietnam and the United States are actively engaged in negotiations to establish a reciprocal trade agreement aimed at resolving tariff issues and enhancing market access for Vietnamese exports. Vietnamese Trade Minister Nguyen Hong Dien led discussions with U.S. Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, urging reconsideration of high tariffs on Vietnamese goods and emphasizing the need for fair reciprocal tariff policies. Both sides expressed goodwill and a commitment to developing harmonized rules of origin that align with global supply chains to benefit businesses in both countries. The U.S. appreciated Vietnam's proposals and efforts, viewing them as a strong foundation for continuing dialogue towards a mutually beneficial agreement. Technical teams from both countries will continue discussions to finalize a deal that supports balanced and sustainable economic relations. These talks reflect broader efforts to strengthen bilateral trade ties amid shifting global supply chains and rising export demand.