Vietnam Macro - Thought Piece: Trade tensions escalate further with USD200bn of new proposed tariffs
  • 31 Jul 2018
  • Macroeconomics
Although US trade policy has mainly targeted China as its goods trade deficit with China accelerated to over 46% of the total US trade deficit in 2017 (USD375bn) from only 20% in 2001 (Fig. 1), Vietnam should not be at ease given it was fifth among the US