According to Reuters, agricultural products accounted for more than a quarter of U.S. exports to Vietnam last year, with shipments including cotton, soybeans, and tree nuts, totaling $3.4 billion. Vietnam's average import duty stands at 9.4%, according to the World Trade Organization, which is among the higher rates compared to U.S. tariffs.

Vietnam is ready to open its market and import more agricultural products from the United States, its trade minister Nguyen Hong Dien said. Vietnam is facing risks from intensifying global trade disputes,