The United States will place a lower-than-promised tariff on many Vietnamese exports, Donald Trump said, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.

The Trump administration’s new trade deal with Vietnam aims to shut down any “backdoor” routes that allow Chinese goods to

Vietnam's economy surged by 7.52% in the first half of 2025, marking its fastest growth in over a decade, fueled by robust exports. A recent trade deal with the US, capping most tariffs at 20%, further boosted the economy,