Vietnam tops list from US-China trade war

Prelims level : Mains level :
No Set Found with this ID
  • The Southeast Asian nation,which shares a border with China, gained orders from trade diversion on tariffed goods equal to 7.9% of GD in the year through the first quarter of 2019.
  • Taiwan is a distant second among the winners, with gains equivalent to 2.1% of GDP.
  • American and Chinese orders for more than half of the 1,981 tariffed products in the U.S.-China trade.
Share Socially