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Trump, Vietnamese Prime Minister Seek Enhanced Trade Ties

President Donald Trump and Vietnam's Prime Minister Nguyen Xuan Phuc expressed a mutual desire to enhance trade ties, the White House said after a May 31 meeting there (here). The leaders also expressed an interest in resolving priority trade issues,…

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including intellectual property rights issues, information-security products, white offal, distiller's dried grains, siluriformes, shrimp and mangoes, according to the statement. Some $8 billion in commercial deals were finalized on May 31, the Commerce Department said (here). “Today’s deals will expand our cooperation in multiple sectors, supporting U.S. exports and creating economic growth in both countries,” Commerce Secretary Wilbur Ross said in a statement. “They will also help the U.S. reduce our trade deficit with Vietnam.”