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Vietnam’s trade talks with US could be a pathfinder for South-east Asia
A key beneficiary of China-plus-one, Vietnam’s strategy illustrates the challenges of navigating between the US and China in this second trade war.
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Vietnam’s strategy illustrates the challenges of navigating between the US and China in this second trade war.
PHOTO: REUTERS
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Shay Wester and Meghan Murphy
It started poorly.
Despite months of proactive outreach, Vietnam was blindsided by the sweeping scope of the tariff announcement on April 2. A staggering 46 per cent reciprocal tariff made it the fifth-highest-tariffed country by the US.
