This is not what Trump intended to happen when he ratcheted up his trade war.
, and resulted in a stop-gap deal that will probably help out America’s soybean farmers but doesn’t really address the core tensions between the two countries. There was, however, at least one nation that came out of the ordeal a clear winner: Vietnam.released by
the Census Bureau on Wednesday. That sharp decline was largely driven by the White House’s tariffs, which significantly disrupted trade between the two countries. But overall, goods imports only dwindled $42.6 billion, or 1.7 percent, as other countries picked up business the Chinese lost. The biggest gainer was Vietnam, which many American companies have turned to as a reliable supply-chain alternative for things such as clothing manufacturing. Imports from there surged by 36 percent, or $17.
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