WASHINGTON, July 15 (Reuters) - U.S. President Donald Trump said on Tuesday that a trade agreement with Vietnam was nearly complete. Trump told reporters at Joint Base Andrews near Washington that he could release details of the Vietnam trade agreement, but did not think it was necessary.

A trade agreement between the United States and Vietnam is nearing completion, President Donald Trump announced. The preliminary deal cuts planned U.S. tariffs on Vietnamese imports. However, goods classified as illegally transshipped will face a significant 40% levy.