Yeah that’s my thought too, I know I’ve seen it mentioned a few times that they’re like China in that they focused their economy on exports in order to look good my IMF metrics.
they really need to start shifting focus from doing business with the US.
And Vietnam is doing it. We signed many bilateral trade deals with China, Brazil, etc. We became a BRICS partner country. And more that I can’t recall from the back of my head atm.
Yeah that’s my thought too, I know I’ve seen it mentioned a few times that they’re like China in that they focused their economy on exports in order to look good my IMF metrics.
Found this that says as of 2022 the US is their largest trading partner. They’re almost double #2 China so if it’s a short term play to buy time it’s what they have to do but feel like they really need to start shifting focus from doing business with the US.
And Vietnam is doing it. We signed many bilateral trade deals with China, Brazil, etc. We became a BRICS partner country. And more that I can’t recall from the back of my head atm.
You’re right I do remember the deals and BRICS partner news now.
Pivoting will take time so makes sense the leadership is trying to minimize the tariff damage in the meantime.
I don’t have a great frame of reference for the reparations amounts to the farmers though, would you consider those fair?