Vietnam tops list from US-China trade war
05, Jun 2019
Prelims level : Mains level :
- 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.