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Vietnam Pushes for U.S. Trade Deal to Cut High-Tech Export Barriers

A high-stakes delegation arrives in D.C. to reshape trade ties. Will Vietnam’s push for lower tariffs and tech access redefine its economic future with the U.S.?

This is a paper. On this something is written.
This is a paper. On this something is written.

Vietnam Pushes for U.S. Trade Deal to Cut High-Tech Export Barriers

A high-level Vietnamese trade delegation, led by Minister Nguyen Hong Dien, has arrived in Washington. They seek to strengthen ties with the U.S., particularly in tech exports and tariffs. Vietnam's $111 billion trade surplus with the U.S. in 2021 underscores the importance of these talks.

The Vietnamese team is pushing for the U.S. to lift restrictions on high-tech product exports. They also want U.S. recognition of Vietnam's market economy status. The trade deal on the table aims to maintain existing U.S. tariffs on Vietnamese imports at 20%, while exempting certain products from new duties.

The talks are part of broader discussions on global supply chains and U.S.-China trade dynamics. Vietnam is eager to sign the agreement soon and has urged U.S. businesses to support a high-level meeting between Presidents Trump and To Lam to finalize the deal. Vietnamese negotiators hope to conclude the agreement during this visit.

Vietnam's trade surplus with the U.S. has grown significantly, making these talks crucial for both nations. The trade deal, if agreed, will shape the future of U.S.-Vietnam trade relations, impacting tech exports and tariffs. The outcome of these negotiations will be closely watched by businesses and governments alike.

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