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Al Jazeera

Politics

Govi Snell

As Trump threatens tariffs, Vietnam scrambles to avert economic disaster

Donald Trump Vietnam Nguyen Khac Giang United States Al Jazeera Xi Jinping Hanoi To Lam China Ho Chi Minh City

Labourers work at the Hung Viet garment export factory in Hung Yen province, Vietnam, on December 30, 2020 [Kham/Reuters]

Ho Chi Minh City, Vietnam – Kieu Quoc Thanh, the CEO of cashew export business SVC Group, says that everyone in his industry has been “feeling crazy” for the past two weeks.

Since United States President Donald Trump announced his since-paused “reciprocal” tariffs on April 2, Thanh has witnessed mass confusion among Vietnamese exporters.

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