Vietnam Prime Minister Pham Minh Chinh said his country’s top leader recently chatted with Donald Trump and is ready to deal with the new US president and his administration. “Our Party General Secretary To Lam has spoken with President Trump on telephone,
Vietnamese Deputy Prime Minister and Foreign Minister Bui Thanh Son on Tuesday congratulated Marco Rubio on his confirmation as U.S. Secretary of State and extended an invitation for him to visit Vietnam this year, coinciding with the 30th anniversary of Vietnam-U.S. diplomatic relations.
Vietnam Maritime Corp., undaunted by potential tariffs from the incoming Trump administration that risk crimping the nation’s trade, forecasts revenue to more than triple in the next decade, General Director Nguyen Canh Tinh said.
The Vietnamese dong is likely to test new lows as the country’s growing trade surplus with the US puts it at risk of targeted tariffs from the incoming Donald Trump administration.
Vietnam is ramping up its imports from the US, spending billions on critical goods like Boeing aircraft and high-tech machinery, as it aims to balance trade and strengthen strategic ties.
Military service has not done much if anything for Democrats—Clinton won the nomination against two primary opponents, Bob Kerrey and Doug Wilder, with heroic war records. And then he won the presidency against George H.W. Bush, who enlisted at 18 and survived two close calls in World War II.
Trump's biggest first-term trade impact was to shatter decades of political consensus favoring ever-lower trade barriers.
Overall, Trump’s second-term foreign policy, defense, and economic appointments suggest that security issues will dominate in Asia, despite his grumbling about trade imbalances. In addition, they suggest that his second administration will be even tougher toward China than his first, or than the Biden administration.
During his first term, Trump's tariffs caused U.S. firms to flee China. Now comes Round 2, which will create new winners and losers.
Some U.S. state flags were ordered to be raised during Donald Trump's swearing-in, while others will remain at half-staff for the late Jimmy Carter.
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