US secures trade deal with Vietnam as negotiations continue with S Korea | Business and Economy News

A trade deal between the United States and Vietnam has marked the first full pact President Donald Trump has sealed with an Asian nation, but has also raised fears that it could provoke a new standoff between the US and China.

South Korean President Lee Jae-myung, who came to power last month on a platform of pursuing pragmatic diplomacy with both the US and China, indicated on Thursday that it remained unclear whether tariff negotiations between Washington and Seoul would be concluded by…