Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg
Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg
David Dodwell
Opinion

Opinion

Outside In by David Dodwell

In a Trumpian world where the US is the No 1 trade victim, no country is safe

  • The narrative of US goods trade deficits has been feeding Donald Trump’s sense of victimhood
  • The US has picked fights with many of its trading partners, and is now targeting Vietnam for daring to improve its manufacturing and export economy

Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg
Commuters walk past a China Luxshare Precision Industry Company factory in Vietnam’s Bac Giang province. The US is opening an investigation into whether Vietnam has been undervaluing its currency and harming US commerce. Photo: Bloomberg
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