From The Archive
The Silver Lining for Vietnam of Trump’s Tariffs
So… it’s a deal?
In the latest New Asia Podcast, Muddy Waters’ Carson Block and Rob Medd unpack Trump’s recent announcement that the US has implemented a preliminary trade agreement with Vietnam, setting its baseline tariffs at 20% and 40% for transshipments from China.
This announcement puts Vietnam in a unique position, especially compared to how Trump is handling tariffs with countries like Canada and Europe. And as China continues to decline in relative importance to the US, countries like Vietnam continue to rise.
So where does Vietnam go from here? We break down the whole trade landscape, including:
- Vietnam’s reaction to Trump’s trade deal announcement
- The impact of tariffs on Vietnam’s exporters and economy
- FDI imports, FDI exports, and trade balance
- How General Secretary Tô Lâm is capitalizing on this moment
- Manufacturing and low-margin transshipments
- Stock market reactions
… and more
Follow us on X at @MuddyWatersAsia.
