Vietnam Takes Advantage of U.S.-China Trade War
President Donald Trump’s recent tweets about tariffs and China has hit both the U.S. and China hard and also influenced global markets. Some countries will likely suffer, while some are believed to benefit from the fight between the two large economies. Vietnam is likely to be a winner in this trade war.
America’s higher tariffs on Chinese commodities are expected to encourage more Americans to purchase basa from Vietnam as substitutes for China’s tilapias. Meanwhile, Vietnamese seafood exporters also intend to seize this opportunity and expand...
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