North Vietnam and South Vietnam agreed on the Paris Peace Accords. This agreement
provided for a cease-fire, the withdrawal of all American troops, the release of 590
American POWs and the "exercise of South Vietnam's right of seif-detertnination". It
was hoped to secure "peace with honor" and was not considered a defeat. However, it
made no mention ofthe North Vietnamese troops still in South Vietnam. After\'ards, the
United States also prohibited future US military involvement in Indochina. The Vietnain
War totalled to a loss of 58,183 American soldiers and a cost of over $330 billion to the
American economy.