Donald Trump's Major Announcement: "Great Deal" Reached with Vietnam, Zero Tariffs to U.S. Market!

7/2/20251 min read

white concrete building
white concrete building

Breaking News! President Donald Trump today released a stunning statement via his Truth Social platform, announcing he has reached a "great" trade deal with the Socialist Republic of Vietnam!

Trump stated in the post that he was greatly honored to announce this agreement after speaking personally with "the Highly Respected General Secretary of the Communist Party of Vietnam," To Lam. He referred to it as "a Great Deal of Cooperation between our two Countries."

Key Terms of the Agreement Revealed:

According to Trump's description, this new agreement will include the following key terms:

  • Tariffs on Vietnamese Goods to the U.S.: Vietnam will pay a 20% tariff on any and all goods sent into U.S. Territory.

  • Tariffs on Transshipment: For any transshipping goods, Vietnam will pay a 40% tariff.

In return, Vietnam will take an unprecedented step:

  • Full Market Access for U.S. Goods: Vietnam will give the United States "TOTAL ACCESS to their Markets for Trade," meaning they will "OPEN THEIR MARKET TO THE UNITED STATES," allowing U.S. products to enter Vietnam at ZERO Tariff.

Trump specifically noted that SUVs or Large Engine Vehicles, which do so well in the United States, will be a "wonderful addition to the various product lines within Vietnam."

Trump's Personal Feelings:

Trump emphasized in his post that dealing personally with General Secretary To Lam was "an absolute pleasure." He thanked everyone for their attention to this matter.

The announcement of this agreement will undoubtedly have a profound impact on future U.S.-Vietnam trade relations and could reshape global supply chains in relevant industries. Zero-tariff access to the Vietnamese market is, without a doubt, great news for U.S. businesses."