Vietnam Deal Sparks Concern Among Asian Exporters Relying on China Inputs
Asia’s manufacturing hubs are on alert after the U.S.–Vietnam trade deal announced this week included a 40% tariff on goods that are transshipped—that is, goods that originated in China (or elsewhere) but are shipped via Vietnam for export to the U.S. Economists at Citi warn that this penal rate could hit not only Vietnamese firms […]