How the World Is Bracing for Trump Trade Upheaval: Supply Lines

Jan. 15, 2025, 12:00 PM UTC

Governments around the world are scrambling to prepare for Donald Trump’s tariff onslaught.

Broadly speaking, their actions can be grouped into three categories:


  • Preemptive moves aimed at appeasing Trump
  • Preparatory moves to ready retaliation
  • Holding fire and hoping for the best

Let’s look first at some of the appeasers.

Vietnam — which has the fourth-biggest trade surplus with the US after China, Mexico and Canada — is worried it’ll be in Trump’s sights, especially as his trade adviser Peter Navarro called out the country by name in Project 2025, a right-wing policy blueprint.

Read More: China Exports to Vietnam ...










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