The Silver Lining for Vietnam of Trump’s Tariffs | Ep. 5

So… it’s a deal? In the latest New Asia Podcast, Muddy Waters’ Carson Block and Rob Medd unpack Trump’s recent announcement that the US has implemented a preliminary trade agreement with Vietnam, setting baseline tariffs at 20% and 40% for transshipments from China. The announcement puts Vietnam in a unique position, especially compared to how Trump is handling tariffs with areas like Canada and Europe. And as China continues to decline in relative importance to the US, countries like Vietnam continue to rise. So where does Vietnam go from here? We break down the whole trade landscape, including: Vietnam’s reactions to Trump’s trade deal announcement The impact of tariffs on everything from Vietnam’s exporters to their economy FDI imports, FDI exports, and trade balance How General Secretary Tô Lâm is capitalizing on this moment Manufacturing and low-margin transshipments Stock market reactions … and more To learn more about Muddy Waters Asia, please visit ⁠MuddyWatersAsia.com and follow us on ⁠X at @MuddyWatersAsia⁠.