Vietnam has so far emerged as the biggest winner of the US-China trade war, as tariffs on goods from China have led US importers to switch suppliers. Vietnam’s exports to the US have doubled since the start of 2018. However, the surge in Vietnam’s exports is now leading to tensions with the US. Last week, the US Trade Representative (USTR) announced it was opening an investigation into possible currency manipulation by Vietnam. If Vietnam is found guilty it could lead to tariffs being imposed on its exports to the US. This would potentially have a major negative impact on the country’s growth prospects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services