The president said he had agreed to initial trade terms with Vietnam, the second country to strike a limited deal after Mr. Trump threatened steep tariffs.

The US trade agreement with Vietnam reportedly lowers tariffs but lacks detail, triggering sharp warnings from Chinese officials.

U.S. trade deal has been finalized, officials in Hanoi say negotiations remain ongoing and final details have yet to be settled. According to a Reuters report, Vietnamese officials acknowledged progress in the long-awaited trade agreement but clarified that the terms are still under

The Vietnam deal is part of Trump’s broader trade overhaul, which aims to assign “reciprocal tariff rates” to over 170 trading partners.

Despite touching an intraday, three-year high of 1,392, Vietnam’s Ho Chi Minh stock index was ultimately subdued and closed down 0.19%, after signing a trade deal with the U.S. Reaction among U ...