US Trade Deficit With Vietnam Tops $110 Billion as Dong Weakens

Quick Summary:

A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024

The post US Trade Deficit With Vietnam Tops $110 Billion as Dong Weakens appeared first on Asia Financial.

And that is a worry for Hanoi, because it increases the risk of president-elect Donald Trump imposing tariffs of up to 20% per cent on all imports.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaMexicoSwitzerlandThailandUnited StatesVietnam

Topics: World New Energy Market Insights Forex ESG Energy Insights Southeast Asia Fintech Fintech Insights Telcos Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 10:55:15 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 25035052

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About Asia Financial

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