Major media outlets including Reuters, Financial Times, Bloomberg and Nikkei simultaneously reported on the new trade agreement, a significant milestone in international trade relations with substantial implications for both economies and the global supply chain.

According to the Financial Times, “the deal makes Hanoi one of the few capitals to reach a trade agreement with Washington in the past three months.”

CNN noted that markets reacted positively to the trade deal, citing a sharp rise in the share prices of major firms that rely on supply chains in Vietnam, including Nike, Lululemon, and Columbia Sportswear, following Trump’s announcement of the deal.

CNBC quickly reported market responses on Wall Street. The S&P 500 rose 0.3%, while the Nasdaq Composite increased 0.7%. The Dow Jones Industrial Average climbed 48 points, or 0.1%. The share price of Nike, a firm that manufactures about half of its footwear in Vietnam and China, rose by 3% following Trump’s announcement.