US, Vietnam agree to launch trade deal talks as tariffs paused

Reuters

Wed, Apr 9, 2025, 5:32 PM 1 min read

HANOI (Reuters) - The United States and Vietnam person agreed to motorboat negotiations for a commercialized agreement, the Vietnamese authorities said connected Thursday, hours aft the U.S. paused the implementation of a 46% tariff complaint connected Vietnam's exports for 90 days.

The 2 countries volition see removing arsenic galore non-tariff barriers arsenic possible, the authorities said successful a connection released aft a gathering betwixt Vietnam's Deputy Prime Minister Ho Duc Phoc and U.S. Trade Representative Jamieson Greer successful Washington.

The Southeast Asian country, a large determination manufacturing basal for galore Western companies, past twelvemonth had a commercialized surplus of much than $123 cardinal with the U.S., its largest export market.

Vietnam volition facilitate concern by U.S. investors successful the country, the connection said, adding that it volition besides measurement up its combat against commercialized fraud.

(Reporting by Khanh Vu; Editing by John Mair)