<ul data-eligibleForWebStory="false">US President Donald Trump announced a trade deal with Vietnam, allowing American goods to be imported into Vietnam at zero tariffs.In exchange, the US will impose a 20% tariff on Vietnamese goods entering its market and a 40% tariff on transshipments.Vietnam will provide the US with total access to its markets for trade. The deal aims for zero tariffs on American products entering Vietnam.The trade deal with Vietnam marks the third agreement between the US and a country, following deals with the UK and China.