Why Are We (and Were We) in Vietnam?
Worker sitting at sewing machine in factory

Amid all the consequences of Donald Trump’s impulse-driven trade wars; amid all the inflows and outflows of goods and services, capital and labor, one new statistic has arrested my attention: The nation which currently has the largest trade surplus with the United States isn’t China or Taiwan or Mexico or any of the usual suspects.

It’s Vietnam.

In the first six months of this…

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https://prospect.org/2026/08/27/why-are-we-in-vietnam-trade-surplus/

https://prospect.org/2026/08/27/why-are-we-in-vietnam-trade-surplus/
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Source: prospect.org
The American Prospect

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