Redirection of Chinese goods to EU may hit Vietnam: Top trade envoy
The EU is worried that reciprocal US tariffs may lead to Chinese goods destined earlier for the United States getting redirected to the European market, according to Nguyen Thi Hoang Thuy, head of the Vietnam Trade Office in Sweden. There is also a risk of Chinese goods ‘masking their origin’ via Vietnam, and that risk is now more tangible than ever, she noted.
The EU is worried that reciprocal US tariffs may lead to Chinese goods destined earlier for the United States getting redirected to the European market, according to Nguyen Thi Hoang Thuy, head of the Vietnam Trade Office in Sweden.
There is also a risk of Chinese goods ‘masking their origin’ via Vietnam, and that risk is now more tangible than ever, she noted.
