China President Xi Jinping in Vietnam to start for a week round Southeast Asia – US President Donald Trump is closely interesting.

In comments on correspondents on Monday, Trump suggested that Xi’s meeting with Vietnamese officials, including LAM Secretary -General, was setting strategies on how to harm the United States

“I do not blame China, I do not blame Vietnam,” Trump said. “This is a beautiful meeting. A meeting like trying to know this,” How can we link the United States of America? “

As part of the visit of Shi, China and Vietnam Fell 45 different agreements on issues such as supply chains and railways. Shi will travel to Malaysia and Cambodia later this week.

Trump’s massive comments often address his commercial and definition policies. The President again argued that the European Union was formed to harm the United States for trade, and accused his predecessor Joe Biden of losing “trillion dollars” in trade to China. He also suggested that the White House may stop the definitions by 25 % on car imports, noting that car makers “need little time” to transfer production to the United States

Hanoi is currently in trade Negotiations With the United States, after Trump threatened to impose a 46 % very decline on imports from Vietnam.

Vietnam has Benefit From the “China Plus One” approach to supply chains, as the factory created factories in the country of Southeast Asia. He was the third largest source for the United States last year.

Previous administrations tried to deepen relations with Vietnam as a balance against China. Vietnam promoted her relationship with the United States to the highest level in 2023.

However, Trump’s commercial team targets the Grand Vietnam surplus with the United States, the third largest year in 2024, behind China and Mexico.

There are now less than three months to agree to a deal before the customs duties enter. As of now, it is said to be displayed on customs tariffs on American imports, intensifying American goods purchases, and checking the trade from China more closely.

During a meeting last week with Deputy Prime Minister Vietnam, Doc Fook, Treasury Secretary Scott Payet Assure According to a statement issued by the US Treasury at the US Treasury.

Trump’s priorities trade

However, Vietnam is not among the priorities of Bessin for commercial negotiations. Bessent gives priority to the United Kingdom, Australia, South Korea, India and Japan as the best goals for new commercial deals, Wall Street Journal I mentioned On Monday, quoting unveiled sources.

Japan Currently it is not Prime Minister Shigro Ishiba said on Monday that planning to make great concessions to the United States through customs tariff negotiations. “We need to understand Trump’s argument in terms of logic and emotional elements behind his views,” the legislators told the legislators.

On Tuesday, the Minister of Finance in South Korea Proposal The country will try to delay the customs tariff “as much as possible”, then end a deal after the sudden presidential elections on June 3. Seoul It also increased Her support for the local chips industry to 23 billion dollars, up from $ 18 billion, pledged last year.

Trump’s decision to delay the definitions of imports from China, which is now facing a 145 % duty, is probably a duty when the American definitions are likely to enter these levels. End all imports from ChinaAnd the group supply chains of the manufacturers and may lead to a huge decrease and rise in prices for the final consumers.

Before the weekend, the White House Exempt Some electronic devices, such as smartphones and laptops, are “mutual definitions” of Trump. Now, Chinese -Chinese smartphones are only facing Trump’s tariff that was imposed by 20 %, related to the illegal fentanel trade.

In an interview on Monday with Bloomberg, Bessin admitted that the definitions against China were not “sustainable” and said he was hoping for an agreement with Beijing. However, he pointed out that any progress towards a deal should have included direct negotiations between Trump and Shi.

This story was originally shown on Fortune.com

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2025-04-15 09:31:00