Documente Academic
Documente Profesional
Documente Cultură
ANSWER: So far Vietnam has benefitted from the U.S.-China trade war. Some Chinese
enterprises have set up in Vietnam to export to the United States without the
restrictions on tariffs that goods produced in China face. Also, several brand name
foreign companies in China are relocating to Vietnam. Vietnam has taken steps to
reduce its trade deficit with China while pressing China to make it easier for
Vietnamese goods, especially agricultural products, to enter China.
As long as Trump is president of the United States Vietnam faces possible sanctions
by the Office of the United States Trade Representative (USTR). Vietnam’s trade
surplus has increased in recent years and this has drawn critical scrutiny by Trump
Administration officials. In early October, the USTR initiated two investigations into
Vietnam, one dealing with charges of currency manipulation, the other into illegal
imports of timber that is processed and exported to the United States.