• Vietnam’s “White Flag” to Trump’s Trade War: A Losing Battle?

    ​Trump’s “Reciprocal Tariffs” and Vietnam’s Surrender On April 2, 2025, former (and now re-elected) U.S. President Donald Trump announced his ​**”Reciprocal Tariff” plan**, demanding that trade partners impose tariffs on American goods ​equal to what the U.S. imposes on theirs—or face severe economic retaliation. Vietnam, one of the fastest-growing export economies in Asia, responded almost immediately with a ​**”Reciprocal Zero Tariff” negotiation plan**, effectively waving the ​white flag in surrender. But will Trump spare Vietnam? The answer, according to ​Professor Liu Bin of Maritime News, is a resounding ​no. ​Vietnam’s Rise—and Impending Fall Over the past decade, Vietnam has been one of the biggest beneficiaries of the U.S.-China trade war.…

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