Since the last U.S.-China trade war erupted during Trump's first term in 2018, many Chinese manufacturers have also moved their production to Vietnam to avoid U.S. tariffs.

The tariffs on Vietnam take effect on April 9. China exported more goods to the U.S. than any other country for more than two decades, but Mexico surpassed China as the top source in 2023.

The tariffs on Vietnam take effect on April 9. China exported more goods to the U.S. than any other country for more than two decades, but Mexico surpassed China as the top source in 2023.

The U.S. trade deficit with Vietnam is about $123.5 billion, putting the country near the top of Trump's list for "reciprocal" tariffs. This would have been unimaginable a generation ago.

Vietnam's offer to lower its trade barriers to delay the implementation of U.S. President Donald Trump 's "reciprocal" tariffs has been rejected by a White House adviser.

While Vietnam's negotiation with the Trump administration may "bear some fruits," it is unlikely the U.S. will offer to cut tariffs "drastically" from proposed levels, he said.

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President Donald Trump’s tariff plan has resulted in nearly 70 countries in talks with the U.S. to avert tariffs, including Vietnam, which was one of the first to reach out to negotiate.