Vietnam’s trade surplus with the US widened to $123.5 billion last year, making the manufacturing powerhouse a potential prime target for President Donald Trump’s tariffs.

Vietnam's trade surplus with the U.S. reached a record high, increasing concerns about potential tariffs under the Trump administration. Despite the surplus, Vietnam's security threat is seen as low,

President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.