Vietnam’s government will pursue exporters that transship goods from China via Vietnam to avoid U.S. tariffs. The government is likely acutely aware of the risk of arousing the ire of the Trump administration, given Vietnam’s trade surplus versus the U.S. reached $45.9 billion in the 12 months to Apr. 30 2019. Vietnam’s exports to the U.S. have expanded in part due of supply chains being switched to produce in Vietnam not China. Panjiva analysis of nearly 400 product lines shows the largest example relates to mobile phones where Chinese exports fell $3.67 billion year over year in the th...