Vietnam, Trump
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Tariffs have rattled retail stocks all year, pushing companies like Nike (NKE) to shift manufacturing out of China and rethink global sales strategies. Vietnam quickly became a top manufacturing alternative,
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For retailers, US-Vietnam trade deal leaves questionsLONDON (Reuters) -A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear and clothing retailers like Nike and Adidas that source shoes and clothes from factories in the Southeast Asian country, industry experts said on ...
Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.
The Vietnam trade deal impacts tariffs, U.S. import costs, and Vietnam's economy, but VanEck Vietnam ETF's appeal remains limited. Click for my VNM update.
Despite touching an intraday, three-year high of 1,392, Vietnam’s Ho Chi Minh stock index was ultimately subdued and closed down 0.19%, after signing a trade deal with the U.S. Reaction among U.S. sto
Similarly, the Vietnam deal had few details. With Vietnam, the new trade pact could encourage more U.S. exports ... manufacturers started searching for new locations for their overseas factories. Nike, Apple, Foxconn, Mattel and other major brands shifted ...