As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam. Vietnam relies on Chinese input for much of its exports. Data shows that U.S. imports of goods from Vietnam were over $114 billion last year, more than twice as big as in 2018 when the Sino-American trade war began. Vietnam posted a surplus with the U.S. that is 2.5 times bigger than in 2018 when heavy tariffs were put on Chinese goods. This export boom has been fueled by imports from China, with inflows from China almost exactly matching the value and swings of exports to the United States in recent years.
As the United States intensifies efforts to reduce trade with #China by hiking #tariffs, it has greatly boosted imports from Vietnam—which relies on Chinese inputs for much of its own exports, data show. https://t.co/OoTIFeuM9o
"Taiwan’s booming exports to US are just one example of the way great-power tensions have already reshaped supply chains & how China is getting left out of some of them...B/w Jan-Apr 2024 shipments to US overtook those sent to China which cont'd to shrink" https://t.co/NAFKjGk7OO https://t.co/Elaf3FRI2w
As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, data shows. https://t.co/uLa9OJBXrg
"At over $114 billion last year, US imports of goods from Vietnam were more than twice as big as in 2018 when the Sino-American trade war began, which boosted the Vietnam's appeal among manufacturers and traders who sought to reduce risks linked to China-US tensions." https://t.co/9TtIpcjiRY https://t.co/j7TxpwcKXr
"Vietnam posted a surplus w/ US 2.5x bigger than 2018 when Trump put heavy tariffs on Chinese goods...Vietnam's export boom has been fuelled by imports from China w/ inflows from China almost exactly matching value & swings of exports to US in recent yrs" https://t.co/yAtgTHHWEN
"As US hikes China tariffs, imports soar from China-reliant Vietnam" https://t.co/hQX1fHzPnl "Vietnam's export boom has been fuelled by imports from neighbouring China, with inflows from China almost exactly matching the value and swings of exports to the United States" https://t.co/VA4l9c400F
As US hikes China tariffs, imports soar from China-reliant Vietnam https://t.co/vwXofHObKq https://t.co/TiFKZpZQjl
As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show. More here: https://t.co/LpksAUmSGE
As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show https://t.co/ttZVepL7nR
⚠️ ANALYSIS-AS US HIKES CHINA TARIFFS, IMPORTS SOAR FROM CHINA-RELIANT VIETNAM Full Story → https://t.co/n0bxz2kqxa As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese… https://t.co/kXbrKXriTv