How Vietnam Is Benefiting From the U.S.-China Trade War

The video discusses Vietnam's significant export growth amid the US-China trade war, with exports increasing by 25-30% monthly. This growth has come at China's expense, with Vietnam capturing a large share of the market. The Vietnamese Prime Minister is concerned about the rising trade surplus with the US, which could lead to political tensions. President Trump has already indicated Vietnam as a potential target for tariffs if the trade war with China doesn't progress. The US trade deficit, a key metric for the President, has increased, with Vietnam being a major contributor. While Vietnam's economy benefits, political repercussions may arise soon.

What has been the impact of the trade war on Vietnam's exports?

• Vietnam's exports have decreased.

• Vietnam's exports have remained stable.

• Vietnam's exports have increased significantly.

• Vietnam's exports have been unaffected.

Which products are mentioned as being picked up by Vietnam from China?

• Phones and furniture

• Clothing and footwear

• Agricultural products and machinery

• Automobiles and textiles

What concern does the Prime Minister of Vietnam have regarding trade with the US?

• The trade surplus with the US is rising.

• The trade balance with the US is stable.

• The trade deficit with the US is decreasing.

• The trade deficit with the US is increasing.

What has President Trump indicated about Vietnam's trade practices?

• Vietnam is a fair trade partner.

• Vietnam is an unfair trade partner.

• Vietnam has no impact on US trade.

• Vietnam is a minor trade partner.

How has the US trade deficit changed under the current administration?

• It has decreased significantly.

• It is nearly a quarter higher.

• It has remained the same.

• It has slightly decreased.