Potential tariff cut discussed by Trump and Vietnamese leader may aid VinFast

President Donald Trump stated on Friday that Vietnam is willing to reduce its tariffs on U.S. goods to zero, provided a new agreement can be reached between the two nations. The comment was made in a post on his Truth Social account following what he described as a “very productive call” with To Lam, General Secretary of the Communist Party of Vietnam.

According to the post, Trump said To Lam expressed interest in pursuing a deal that would eliminate tariffs entirely. Trump added that he thanked the Vietnamese leader “on behalf of our Country” and signaled openness to a future meeting.

No official statement or confirmation has been released by the Vietnamese government regarding the call or the tariff proposal. As with many policy declarations issued via social media, details surrounding the nature of the discussion and the scope of any potential agreement remain unclear.

Trump’s statement comes after his administration imposed a 46% tariff on Vietnamese imports earlier this year, part of a broader trade policy initiative aimed at countries with significant trade surpluses with the U.S. Vietnam, whose economy is heavily export-driven, has been particularly impacted.

It remains to be seen whether formal negotiations will follow or if any changes to the tariff regime will materialize in the short term.