Vietnam's trade surplus with the US surges in January as imports from China hit new high


Photo: Reuters

HANOI (Reuters): Vietnam's trade surplus with the United States grew in January by nearly 30% year on year as exports climbed, while imports from China hit a new monthly high, official data released on Friday showed.

Hanoi has been in talks for months with Washington over a possible trade agreement after the Trump administration imposed 20% tariffs on Vietnamese goods in August and threatened higher duties on goods made mostly from components that Vietnam imports from China.

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