The United States and Vietnam are set to hold a new round of trade negotiations by the end of next week, as announced by Vietnam’s Ministry of Industry and Trade on Thursday. This development follows Hanoi’s submission of a formal response document addressing trade inquiries from the US. The upcoming third round of talks aims to reach a compromise before the impending expiration of the current 46% “reciprocal” tariffs imposed on Vietnamese exports to the US, scheduled for early July. The urgency underscores the increasing economic and geopolitical significance of US-Vietnam trade relations amid global market volatility.