The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major operations in the country.

Trump declared Vietnam had agreed to slash their tariffs to zero if a deal was reached. He made this announcement after having a “very productive" call with To Lam, General Secretary of the Communist

Vietnam had already made concessions to the US including pledging to buy more American planes and agriculture products. Read more at straitstimes.com. Read more at straitstimes.com.