The Briefing Room

General Category => World News => Topic started by: TomSea on May 22, 2019, 03:27:52 am

Title: Is Vietnam the winner in US-China trade war?
Post by: TomSea on May 22, 2019, 03:27:52 am
Quote
Is Vietnam the winner in US-China trade war?

Companies operating in China are facing stiff increases in tariffs on exports to the United States as the trade war between the two countries escalates.

So, there's an incentive for manufacturers in China to move their production to countries not subject to these tariffs.

And one of these beneficiary countries has been Vietnam, China's increasingly business-friendly southern neighbour.

Read more at: https://www.bbc.com/news/world-asia-48273550 (https://www.bbc.com/news/world-asia-48273550)