Vietnam's Strategic Gamble in Trump's Tariff World
Toward a principled and pragmatic trade policy for a post-WTO era
By: Khanh Vu Duc
Three months after U.S. President Donald Trump’s “Liberation Day” tariff announcement, Vietnam has emerged—somewhat unexpectedly—as one of the few countries to engage in a bilateral tariff arrangement with Washington. Under the terms outlined by Trump, Vietnamese exports to the U.S. would face a 20 percent levy, rising to 40 percent for …
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