Vietnam’s US Trade Surplus Jumps 18%, Raising Trump Tariff Risk
Vietnam’s trade surplus with the US widened to $123.5 billion last year, making the manufacturing powerhouse a potential prime target for President Donald Trump’s tariffs.
One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
Trump’s nemesis, the US trade deficit, hit record high in 2024
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.
Vietnam's trade surplus with US hits record high in 2024
Vietnam's trade surplus with the U.S. soared to a record high last year, U.S. data released on Wednesday showed, potentially complicating Hanoi's efforts to stave off trade tariffs from the new Trump administration.
Trump tariffs hit China: See how tariffs work, which goods are impacted
China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small package loophole
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump raised tariffs.
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Trump's China tariffs could drive up these prices
Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China tariffs imposed by the Trump administration, experts told ABC News. The tariffs,
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China-Vietnam border trade benefits locals
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Donald Trump's tariffs on China could shift production further into South-East Asia
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Trump's trade chief nominee Greer says universal tariff needs more study
Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...
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China remains largest market for Vietnamese cassava
China continued to be Vietnam’s largest export market for cassava and cassava products in 2024, according to data from the ...
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As the global economic situation continues to evolve rapidly and unpredictably, Prime Minister Pham Minh Chinh has called for ...
US top diplomat Rubio urges Vietnam to address trade imbalance
New U.S. Secretary of State Marco Rubio held a call on Friday with Vietnam's Deputy Prime Minister and Foreign Minister Bui ...
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Marco Rubio encourages Vietnam to address trade imbalances with US
Vietnam PM Pham Minh Chinh said in Davos the country is “working on solutions”, reiterating a promise to buy Boeing planes ...
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Vietnamese firms proactively respond to trade tensions between US and Canada, Mexico, China
According to Viet, a member of the Vietnam Institute for Economic and Policy Research, enterprises from Northeast Asia could move part of their production to Southeast Asia to avoid tariffs, which ...