Globalization
Vietnam: Emerging Ascendancy, Precise Balance
The trade agreement between Vietnam and the United States, announced in July, addresses the transshipment of Chinese goods. Vietnam became a key partner after the high tariffs imposed by Trump, exporting textiles, footwear, and electronics to the US. The agreements aim to regulate illegal transshipment to avoid tariff evasion, but uncertainties persist about their details and effects.
September 19, 2025