In a Trump 2.0 trade war against China, Vietnam stands to benefit again
History may be repeating itself as trade tensions between the United States and China revive, changing supply chains and driving businesses to shift their production locations. Vietnam has once again emerged as a key beneficiary of this realignment, attracting new investment and strengthening its position in regional trade networks.
This article investigates the elements that drive Vietnam's status, ranging from trade agreements and infrastructural developments to its strategic location in Asia-Pacific. For trade policy observers and Asia-focused professionals, it provides relevant insight into how evolving global dynamics are producing both possibilities and problems for one of the region's fastest-growing economies.
James Borton, Senior Fellow at FPI, wrote in South China Morning Post on January 1, 2025, about Vietnam’s renewed trade advantages amid U.S.-China tensions.