And it’s just the beginning.
Trump administration officials met with Vietnam government representatives and topic #1 was the growing trade imbalance between the two nations. With President Trump’s “America First” priority, Vietnam knew it could no longer enjoy such a trade surplus with the United States. So, a deal was struck, one of what will likely be several more to come.
The initial result is a $17 billion dollar agreement from the Vietnam government to import American-made goods and services and that means jobs-jobs-jobs here in the United States.
Vietnam to sign deals for up to $17 billion in U.S. goods, services: prime minister
Vietnamese Prime Minister Nguyen Xuan Phuc said on Tuesday he would sign deals for U.S. goods and services worth $15 billion to $17 billion during his visit to Washington, D.C., mainly for high technology products and for services.
“Vietnam will increase the import of high technologies and services from the United States, and on the occasion of this visit, many important deals will be made,” Phuc told a U.S. Chamber of Commerce dinner.
Phuc, who is due to meet with U.S. President Donald Trump on Wednesday at the end of a three-day visit to the United States, did not provide any further details of the transactions.