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Editorial Trade Wars
The Political and Business Daily
|July 10, 2025
Vietnam's BRICS Move Invites Trump's Wrath
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VIETNAM'S decision to join BRICS in June 2025 has triggered a fierce response from the Trump administration, exposing the Asian nation to aggressive economic arm-twisting.
The U.S., under President Donald Trump, has imposed stringent tariff barriers on Vietnamese exports, particularly targeting electronics, textiles, and footwear-sectors that contribute significantly to Vietnam's GDP. These measures are framed as a crackdown on trade practices, but their timing reveals clear retaliation for Hanoi's strategic alignment with BRICS, a bloc perceived as a counterweight to Western dominance.
Dit verhaal komt uit de July 10, 2025-editie van The Political and Business Daily.
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