#TariffsPause The U.S. and Vietnam have kicked off a new chapter, agreeing to hammer out a reciprocal trade deal after a high-stakes meeting between Deputy PM Hồ Đức Phớc and U.S. Trade Rep Jamieson Greer.
Vietnam’s pushing hard for a tighter bond under its Comprehensive Strategic Partnership, arguing that sky-high U.S. tariffs on its goods—tied to a gaping trade deficit—clash with the spirit of mutual gain.
They’re angling for a long-term framework to level the playing field. The U.S., while owning up to the tariff trigger, signaled openness to negotiate, greenlighting immediate talks between technical teams. Both sides are now synced up to cut non-tariff hurdles, boost U.S. investment in Vietnam, and crack down on trade fraud.
What do you think—can this deal finally shrink that trade gap, or will old tensions keep the talks tangled?
