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President Trump announced a new trade deal with Vietnam, imposing a 20% tariff on Vietnamese imports to the U.S. in exchange for tariff-free U.S. access to Vietnamese markets. This agreement, reached just days before the expiration of a 90-day tariff pause, replaces a previous 46% tariff on Vietnamese goods. Trump highlighted the deal as a significant achievement, emphasizing Vietnam's unprecedented market opening to the U.S. and the potential for increased sales of American products.

Prepared by Christopher Adams and reviewed by editorial team.