US exports account for third of Vietnam's GDP and 40% tariff on so-called transshipments - products with Chinese input - means uncertainty for manufacturers As news spread that Vietnam would become just the second nation to reach an initial tariff agreement with Washington, shares in the clothing companies and manufacturers that have a large footprint in the country rose with optimism. Just hours later though, they declined sharply, as it became clear that the devil would be in the detail, and t...
Is Trump tariff deal really a win for Vietnam - or a way of punishing China?
The Guardian - 7 Jul 2025 02:20
US exports account for third of Vietnam's GDP and 40% tariff on so-called transshipments - products with Chinese input - means uncertainty for manufacturers As news spread that Vietnam would become just the second nation to reach an initial tariff agreement with Washington, shares in the clothing companies and manufacturers that have a large footprint in the country rose with optimism. Just hours later though, they declined sharply, as it became clear that the devil would be in the detail, and t...
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