Asia's Potential Trade Hot Spots

The transcript discusses the US trade deficits with Asian countries, highlighting concerns about potential US trade policies under Trump. It emphasizes the vulnerability of countries like Vietnam, which have significant trade surpluses with the US. The impact of protectionist policies on Asian economies is explored, with a focus on Vietnam's reliance on exports and the Trans-Pacific Partnership (TPP).

Which countries are mentioned as having significant trade surpluses with the US, potentially making them targets for trade retaliation?

• India, Indonesia, Malaysia

• Germany, France, Italy

• Brazil, Argentina, Chile

• China, Japan, South Korea

What is a potential consequence of the US implementing protectionist policies and tax reforms?

• Lower tariffs on Asian exports

• Strengthened trade ties with Africa

• Higher levies on US imports from Asian countries

• Increased trade with Europe

Why is Vietnam considered vulnerable to US trade policies?

• It imports most of its goods from the US

• It has a large trade deficit with the US

• It heavily relies on exports to the US

• It has no trade agreements with the US

What percentage of Vietnam's economy is represented by its trade surplus with the US?

• 25%

• 10%

• 15%

• 20%

What was Vietnam counting on to strengthen its trade ties with the US?

• Trans-Pacific Partnership (TPP)

• EU Trade Agreement

• NAFTA

• ASEAN Free Trade Area