President Trump announcing tariffs on imports from Canada of 35%. Uh something must have made him mad. I don't know what the latest is.Maybe Megan knows that they start on August 1st. Megan Cassella joins us uh now from Washington. Any particular thing or just the you know slow walking the whole process.What's he what what did anything in particular spur this latest uh threat. Not that we know of yet, Joe. We might learn today, but we don't know exactly what what sparked this latest Canada threat.But I'll s ...

Trade Relations & Economic Impact - Vietnam's economy is heavily reliant on exports, representing approximately 90% of its GDP [4][8] - The US is Vietnam's largest export market, leading to a significant trade surplus and making it a target for potential tariffs [1] - Potential tariffs from the US, such as a proposed 46% tariff, could profoundly impact Vietnam's economy and manufacturing sector [2][10] - Vietnam experienced substantial foreign investment, exceeding $600 billion since 1988, contributing to export growth [7] Geopolitical Strategy & Manufacturing - Vietnam has become a major player in the global supply chain, manufacturing goods for various American companies and global brands [3][4] - The "China Plus One" strategy led companies to relocate some production to Vietnam to avoid tariffs on Chinese goods, benefiting Vietnam during US-China trade tensions [8][9] - Vietnam employs a "bamboo diplomacy" strategy to navigate complex relationships between the US and China, balancing economic and geopolitical considerations [15][16] - Vietnam's government is proactively engaging with the US to mitigate trade imbalances, including purchasing US products [12] Historical Context & Economic Development - Post-war Vietnam was one of the world's poorest countries, but economic reforms and policies to attract foreign investment have driven significant growth [5][6] - Vietnam's strategy of offering tax incentives, infrastructure development, and an open attitude to global manufacturers has been successful in attracting foreign investment [6]

3 months after Donald Trump announced so-called reciprocal tariffs on nearly every country in the world threatening to dramatically raise tariff rates um if if negotiations weren't successful. He's come back with about two dozen letters that he's posted on social media in typical Trumpian fashion reiterating that he will essentially impose more or less the same rates that he established in April if negotiations aren't successful over the next couple of weeks. today offers a reprieve to Asian exporters becau ...

Taiwan’s exports are on a tear, powered by global demand for AI — but the boom is becoming a flashpoint in trade relations with Washington and a growing risk for the economy https://t.co/NmfQtMYWZH ...

German exports sank more than anticipated in May as the value of shipments to the US plunged to their lowest level in more than three years amid Trump’s tariff threats https://t.co/JiMjFORRst ...

Japan’s exports edged up in the first 20 days of June ahead of the Trump administration’s scheduled imposition of higher tariffs https://t.co/kIaw1Hkv94 ...

France’s Industry Minister Marc Ferracci says agreeing to 10% tariffs on European exports to the US would be a bad deal https://t.co/ep3HaIxDFS https://t.co/gyDM6QvniH ...

Canada’s share of exports destined for the US shrank to the smallest proportion since at least 1997, excluding the Covid pandemic, while shipments to other countries reached a new high. https://t.co/NfAX2xXD7f ...

Trade Negotiations & Agreements - The US is pursuing bilateral trade deals instead of multilateral ones, marking a new approach to global trade [6][7] - A trade deal with Vietnam is imminent and is considered a significant win for American farmers and manufacturers, incentivizing domestic production over routing through China [2][3] - The Vietnam deal opens up the Vietnamese market in unprecedented ways [2] - Negotiations with Japan are ongoing, with anticipated announcements before July 9th, indicating progress in trade relations [5] - The US is seeking reciprocity in trade, addressing non-tariff barriers that hinder access for US manufacturers and farmers to foreign markets [9] - The willingness of countries to lower non-tariff barriers influences the US's tariff considerations [10] Tariffs & Trade Policy - The US may impose tariffs on countries that do not present trade deals facilitating negotiations [13][14] - The specific details of export rates with Vietnam will be released in an upcoming statement [4] China Trade Relations - Negotiations with China continue regarding the framework established in Geneva and the UK [11] - The US is urging China to accelerate access to rare earth magnets, as agreed upon in previous negotiations [11]

Taiwan has formed a task force to help exporters and small- and medium-sized enterprises mitigate the impact of the local dollar’s sharp appreciation, reflecting growing concern about a surging currency https://t.co/o4FY4OxaW8 ...