Vietnam is expected to finalize the market of 50 Boeing aircraft, worth $ 8 billion, as part of the US trade agreement, which includes imports of US agricultural products of $ 2.9 billion.

US President Donald Trump announced that the US and Vietnam have reached a preliminary trade agreement.

According to Trump, Vietnam will pay a 20% duty for all its imports to the US and 40% for goods reviewed via Vietnam from third countries. Although the percentages are lower than those initially threatened by Washington, they remain higher than the levels of the three -month suspension previously in force.

In return, Vietnam is committed to opening its market to a number of American products, which has traditionally been blocked, according to the draft joint statement secured by Politico.

The Transshipment issue is a top priority for Trump: White House Advisor to Trade, Peter Navarro, has described Vietnam “China’s colony”, accusing it of reclaiming Chinese products with Vietnamese.

The agreement with Vietnam is the first to be signed by the Trump government to suspend 20% to 50%, which had been scheduled to come into force on 9 July. The White House had previously reached a framework for an agreement with the United Kingdom, which was not subject to these duties – as well as an agreement with China to suspend three -digit duties by August.

The draft of the agreement with Vietnam states that the two sides will continue to work to reach a final agreement “within the coming weeks”, which will lead to a “significant reduction” of US duties in imports from Vietnam. However, the draft does not include details of the final level of duties, as opposed to the publication of Trump on social media.

Duty reductions will apply to a range of Vietnamese products, such as technology, footwear, agricultural products and consumer goods, including games, according to the text.

This would be a lifeline for the export sector of Vietnam, which is largely based on the US market and would have essentially been excluded from the market due to duties 46%.

The draft is also indirectly referred to the US demand for Hanoi to limit its role as a transit hub for Chinese production products, which make up 40% of Vietnamese imports.

According to the draft of the framework agreement, the US and Vietnam will “establish favorable rules of origin” for imports on both sides, with the aim of limiting the transit of Chinese products through Vietnam. However, the text does not provide details on how this measure will be implemented.

At the same time, it is stated that Vietnam will also face non -tariffs, such as boosting intellectual property protection.

The joint statement does not include a timetable for subsequent trade talks, nor an explicit reference to China, as some hard -core circles in Washington had requested.

However, the terms of the agreement could have wider consequences on how other Asian countries will approach corresponding negotiations with the US. “No country in the area will accept conditions that will be considered inferior to those agreed with Vietnam,” said a diplomat who is leading separate talks on behalf of another Asian country.