Vietnam will soon sign an agreement with Indonesia to boost long-term rice shipments, the Vietnamese government said on Tuesday in a statement, after exports plunged in the first half of the year. The statement came hours after Vietnamese Prime Minister Pham Minh Chinh met Indonesian President Prabowo Subianto on the sidelines of the BRICS summit in Brazil.

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.

The deal with Vietnam seeks to stop Chinese-made goods from transiting through the Southeast Asian country to avoid higher duties.

Vietnam's economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after U.S. President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products.

The terms of a new trade deal between the United States and Vietnam underscore one of the Trump administration’s central objectives in Asia, economists and region analysts say: clamping down on ...

In announcing a new trade deal with Vietnam, President Donald Trump said (Opens in a new window), “It is my opinion that the SUV or, as it is sometimes referred to, Large Engine Vehicle, which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam.” Never going to happen.

Pakistan and Vietnam have agreed to begin negotiations on a Preferential Trade Agreement (PTA) within this year, aiming to boost trade flows between the two countries. The decision was made during the 5th Joint Trade Committee (JTC) meeting held in Hanoi on Friday,

In 2018, South Korea handed President Donald Trump the first trade victory of his administration. Under the agreement, new South Korean steel export restrictions were put in place and more U.S. automakers could export their cars to South Korea.