Vietnam's soaring US trade surplus stokes new fears of Trump tariffs

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The story "Vietnam&#039;s soaring US trade surplus stokes new fears of Trump tariffs" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Vietnam's soaring US trade surplus stokes new fears of Trump tariffs - The Star

Quick Summary:

HANOI: Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

With nearly one-third of Vietnam's exports now going to the U.S., the country would need to improve the traceability of goods and components to dispel concerns of being used merely as an assembling site for products made in China, Hung said.

At the event several businessmen and trade association representatives expressed concern about possible tariffs on Vietnam.