Trade
Vietnam Charm Offensive Fails to Stave Off 46% Trump Tariff
Vietnam has sought to pull in capital from multinational companies as the country emerges as a viable alternative to China in the manufacturing of everything from gadgets to basic semiconductors.
Photographer: Linh Pham/BloombergThis article is for subscribers only.
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Vietnam, whose charm offensive failed to deter a new Trump tariff, called the 46% duty “not in line” with the good relationship between the two nations. The country will, nonetheless, look for solutions to address US concerns, it said.