The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP
The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP

US trade deficit with Vietnam balloons to record high, as Trump administration launches currency probe

  • Vietnam’s trade surplus with the US reached record levels in August as firms moved supply chains from China to avoid trade war tariffs
  • Data comes just days after Washington announced a probe into alleged currency manipulation by Vietnam, which could result in import tariffs

Topic |   Vietnam
The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP
The US has launched two trade probes against Vietnam for the use of timber that has been allegedly illegally harvested or traded, and currency manipulation. Photo: AFP
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