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Vietnam Aims for U.S. Trade Deal Before Tariff Deadline

  • Vietnamese Prime Minister Pham Minh Chinh expects a trade deal with the United States to be finalized before the expiration of a 46% tariff pause in early July.
  • Vietnam's trade surplus with the United States rose to $12.2 billion in May, reflecting a 42% year-on-year increase according to government data.
  • Hanoi has increased efforts to curb illegal trans-shipment of goods from China, responding to pressure from U.S. authorities.
  • The U.S. has presented strong trade demands, urging Vietnam to limit the use of Chinese technology in exports.
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Devdiscourse broke the news in India on Wednesday, June 25, 2025.
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