The Wall Street Journal
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Trump’s Trade War Created This Boomtown in Vietnam. Now Tariffs Could Topple It. | WSJ Center Point
Posted
March 13, 2025
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March 13, 2025
916,986
10,481
1,018
1.25%
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5:18Now PlayingHaiphong, Vietnam’s northern port city, saw a manufacturing boom after President Trump’s 2018 tariffs on China, becoming a key export hub that helped boost the country’s economy. Today, Vietnam is one of the fastest-growing economies in the region with a number of key infrastructure projects underway. But now, Hanoi has to learn how to navigate new trade challenges under Trump’s second term to weather the coming storm.
WSJ explores how Haiphong became the center of Vietnam’s growth and how Trump’s new trade war could stall it.
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