{"id":214773,"date":"2025-04-30T12:54:15","date_gmt":"2025-04-30T12:54:15","guid":{"rendered":"https:\/\/peraltafinancing.com\/apple-2\/vietnam-used-to-be-a-safe-haven-for-trade-now-it-might-not-be\/"},"modified":"2025-04-30T12:54:15","modified_gmt":"2025-04-30T12:54:15","slug":"vietnam-used-to-be-a-safe-haven-for-trade-now-it-might-not-be","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=214773","title":{"rendered":"Vietnam Used to Be a Safe Haven for Trade. Now It Might Not Be."},"content":{"rendered":"


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During President Trump\u2019s first U.S.-China trade war in 2018, American companies flocked to Vietnam<\/a> to sidestep escalating tariffs, and the country became increasingly critical to their bottom lines.<\/p>\n

But in Mr. Trump\u2019s escalating trade fight across the globe, Vietnam has become a new target. Tensions were so high that there were doubts<\/a> about whether American diplomats would attend Wednesday\u2019s events commemorating the 50th anniversary of the end of the Vietnam War.<\/p>\n

Here\u2019s how some U.S. businesses have come to rely on the country:<\/p>\n

In all, American firms have enjoyed the benefits<\/a> of cheaper Vietnamese manufacturing and calmer geopolitics.<\/p>\n

That changed in April when Mr. Trump declared a 46 percent tariff on goods coming from Vietnam, some of the harshest duties imposed on any country<\/a>. Trump administration hard-liners like Peter Navarro, his top trade adviser, and U.S. Trade Representative Jamieson Greer have made Vietnam into a punching bag. They have complained about the United States\u2019 $124 billion trade deficit<\/a> with Vietnam and accused the country of being little more than a waypoint for Chinese-made goods<\/a> as a way to avoid the steep tariffs.<\/p>\n<\/div>\n