US–China Tariffs, Trade Diversion, and Vietnam’s Export Diversification

Key Points

• This research investigates the effects of US-China tariffs on trade dynamics and Vietnam’s ability to diversify its exports.
• Analyzed tariff rates and trade data between the US, China, and Vietnam.
• Evaluated pricing trends of imports to ascertain pass-through effects.
• Mapped shifts in Vietnam's export patterns post-tariff implementation.
• Vietnam experienced significant export diversification due to US-China tariffs.
• US import prices increased as a result of tariffs, leading to noticeable price adjustments.
• Trade diversion was evident, with heightened import activity from Vietnam as a substitute for Chinese goods.