While Trump has paused his whopping 46 percent tariff on Vietnam, economists say the export-reliant country still faces painful decisions.
While Trump has paused his whopping 46 percent tariff on Vietnam, economists say the export-reliant country still faces painful decisions.
Japan has outsourced a lot of manufacturing and labor to Vietnam as well. Considering Japan is one of the biggest economies currently, why are they not mentioned as another possible choice?
Japan is also helping Vietnam build its first subway in Saigon. https://www.japantimes.co.jp/news/2024/12/23/japan/vietnam-subway-oda/
Aligning with Japan, depending upon what that means, doesn’t mean much. Japan imports most of its resources and the economy relies largely on vehicle exports. Japan also needs the US or a replacement to keep this going (and that probably wouldn’t be China as Chinese have other options and generally don’t want to buy a number of Japanese things, especially cars).