During Trump's first term, tariffs on China were a big win for Vietnam, especially in cities like Haiphong. Now the country's future isn't so clear.

By Francesco Guarascio HANOI (Reuters) -In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China,

The tariffs will hack at the root of Vietnam’s export-oriented economic model. In recent years its economy has benefited from manufacturers diversifying away from China, growing by an average of 7% a year over the past decade (excluding the pandemic).