Vietnam aims to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday as a fresh round of talks begins in Washington.

In October, the two countries agreed to finalise a trade deal within weeks that would maintain U.S. tariffs of 20% on its imports of Vietnamese goods, but exempt some unspecified products from the new duty imposed by U.S. President Donald Trump in August.

Reducing Trade Deficit

Assistant Secretary of State for East Asian and Pacific Affairs, Michael DeSombre, told the conference that the trade deal should rebalance commercial flows between the two countries, reducing the U.S. deficit with Hanoi, which is the largest after China and Mexico.

Vietnam has recorded a $111 billion trade surplus with the U.S. in the first 1

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