Vietnam Moves to Avoid Economic Crisis Amid Trump Tariff Threats | Update on Donald Trump

At SVC Group, the CEO Kieu Quoc Thanh is finding the months following US President Donald Trump’s proposed “reciprocal” tariffs extremely chaotic. Trump’s announcement on April 2nd has led to confusion among Vietnamese exporters as they check online hour by hour for updates. The industry is on edge as this affects their business significantly. Now, with Vietnam and the US in talks for a trade deal, the stakes are higher than ever given the significance of US trade to Vietnam. With concerns about transhipment and plans to negotiate a trade deal, Vietnam is being seen by some business owners as an alternative to China for export benefit.

Source: https://www.aljazeera.com/economy/2025/4/17/as-trump-threatens-tariffs-vietnam-scrambles-to-avert-economic-disaster?traffic_source=rss