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Why Vietnam Had to Make a Trade Deal With Trump
Bloomberg Originals·2025-07-11 08:00

A land once devastated by American bombing now accounts for half of Nike’s global shoe production. Hundreds of other American companies and their suppliers have manufacturing bases in Vietnam too. As the Southeast Asian country’s annual GDP climbed, exports to the US grew.Now, Vietnam is one of the countries most dependent on American trade. The United States is Vietnam’s largest export market. Vietnam’s massive trade surplus with the US has made it a key target for Donald Trump.The problem is they charge u ...