Vietnam's Trade Rollercoaster: Navigating Trump's Tariff Turbulence

Vietnam faces trade instability with a potential second Trump presidency. While U.S.-China tensions create opportunities, Vietnam risks becoming collateral damage due to Trump's protectionist policies. The nation, a major U.S. exporter, may need to navigate shifting supply chains and possible tariff challenges to maintain economic growth.

Vietnam is bracing for potential trade instability as the world anticipates a possible second Trump presidency, according to officials and supply chain experts.

As a significant exporter to the United States, Vietnam could benefit from increased U.S.-China trade tensions. However, it risks becoming collateral damage due to Trump's unpredictable protectionist measures.

In response, Vietnam's officials express concerns over its substantial trade surplus with Washington, partially driven by the country's role as an assembly site for Chinese components. Amidst looming tariff threats, Vietnam's economic landscape stands at a crossroads.

(With inputs from agencies.)