<ul data-eligibleForWebStory="false"><li>Vietnam, highly trade-dependent, with exports constituting almost 90% of GDP, is feeling the impact of Trump's trade war.</li><li>Vietnamese exports to the US surged due to the 'China+1' strategy, with major companies like Nike, Lululemon, Gap, and Foxconn having suppliers in Vietnam.</li><li>The rollout of reciprocal tariffs by Trump in April threatened Vietnam with a 46% levy on goods, affecting businesses and making long-term planning challenging.</li><li>The shifting trade landscape has left Vietnamese businesses in an unpredictable environment, scaring off customers and creating obstacles for growth.</li></ul>

How Vietnam became a target in Trump’s trade war

Discover more