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Chinese business in Vietnam struggles with Trump tariffs uncertainty

  • Chinese businesses operating in Vietnam face significant uncertainty due to potential US tariffs.
  • This uncertainty follows President Trump's threat of a large tariff targeting Vietnam earlier this month.
  • Many Chinese companies recently expanded into Vietnam seeking to avoid US-China trade friction.
  • Trump threatened a 46 percent tariff on Vietnam this month, citing concerns about trade practices.
  • Consequently, factory projects are stalling and businesses express hesitation about future investment plans.
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ABC FOX MontanaABC FOX Montana
+31 Reposted by 31 other sources
Center

Chinese business in Vietnam struggles with Trump tariffs uncertainty

A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump's first term.

·Missoula, United States
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Associated Press NewsAssociated Press News
+12 Reposted by 12 other sources
Lean Left

Asia shares trade mixed as uncertainty persists over Trump's tariff plans

Asian shares are trading mixed, as worries crept back following a Wall Street rally that came after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war.

·United States
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WPLG broke the news in Miami, United States on Thursday, April 24, 2025.
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