Tuesday, 4 June 2019 Vietnam is by far the biggest winner from the US-China trade war so far as importers look to divert their orders to bypass higher tariffs. The Southeast Asian nation gained orders from trade diversion on tariffed goods equal to 7.9% of gross domestic product in the year through the first quarter of 2019, according to a study by Nomura Holdings Inc economists.
According to a report by Reuters, US President Donald Trump threatened to slap China with tariffs on 'at least' another 300 billion dollars worth of Chinese goods but said that he thought both China and Mexico would look to make deals in their trade disputes with the United States. Reuters reports...
A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labor, aggravating an... Reuters Also reported by •MoneyWeek •SFGate
President Trump will meet with China’s top trade negotiator at the White House Friday amid growing expectations that the two countries could announce a limited... NYTimes.com Also reported by •Mid-Day •Reuters