In Trump’s tariff wars, Vietnam’s bold gambit isn’t for everyone

In Trump's tariff wars, Vietnam's bold gambit isn't for everyone In Trump's tariff wars, Vietnam's bold gambit isn't for everyone

Dien Luong is a visiting fellow with the media, technology and society program of the ISEAS-Yusof Ishak Institute in Singapore. Hoang Thi Ha is a senior fellow at the ISEAS-Yusof Ishak Institute and co-coordinator of its regional strategic and political studies program.

With just weeks remaining before President Donald Trump’s punishing tariffs — some as high as 50% –snap back into place, nations around the world are scrambling to secure trade deals with Washington. Trump’s 90-day pause, imposed in April to bring pressure for rapid negotiations aimed at shrinking America’s $1.2 trillion trade deficit, has countries racing against time to avert looming economic disruption and supply-chain chaos.