No Big Deal from U.S-Vietnam Summit, But Vietnam Not Out of the Woods — Panjiva
MENU

Supply Chain Research

No Big Deal from U.S-Vietnam Summit, But Vietnam Not Out of the Woods

Trade Deals 1000 U.S. 5325 Vietnam 377

Talks between Prime Minister Phuc of Vietnam and President Trump of the U.S. did not yield firm plans for a new trade deal. Further discussions may center around the 10 year old trade and investment framework given the U.S. has withdrawn from the TPP deal that Vietnam is a part of. Vietnamese exports to the U.S. have accelerated, and are dominated by apparel, phones and renewable energy equipment, Panjiva analysis of Vietnam’s top 200 exports shows. That has resulted in a trade surplus vs. the U.S. of $32 billion. If Vietnam doesn’t show progress on buying more U.S. products as an offset...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.