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Vietnam's plan to avoid US tariffs
According to UN data, U.S. president Donald Trump announced plans to impose tariffs on all Vietnam's exports to the top market. These goods, which accounted for more than $142 billion in sales last year, or about 30% of Vietnam’s GDP, could be affected. Vietnam has benefited from Trump's trade war against China during his first term. However, Vietnamese officials and foreign businesses are uncertain of the outcome. Vietnam is one of the biggest surpluses in the U.S., and it meets many criteria for possible reciprocal tariffs. Here are some measures that Vietnamese officials have suggested, are considering, or may help...