Thinking About China
Opinion

Washington Gets at China Through Vietnam

Washington pressures Vietnam to reduce its China connections, threatening huge tariffs.
Washington Gets at China Through Vietnam
Employees prepare Lego packages on a production-line during the inauguration of the Lego factory in Binh Duong Province, Vietnam, on April 9, 2025. STR/AFP via Getty Images
Milton Ezrati
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Commentary
Washington has kept up what can only be described as relentless pressure on China. In one aspect of this campaign, it imposed 20 percent tariffs on Vietnam but increased them to 40 percent for goods largely made outside the country, which the agreement describes as “transhipped” goods coming through Vietnam.
Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."