Harvard Economist's Take on US-Vietnam Trade Deficit
Posted: 2025-04-10 20:00:29 UTC
Heads Up!
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
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Heads Up!
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Verification Details
Status
Last Updated
2025-04-10 20:01:05 UTC
Verified By
Rollup News
TL;DR;
A person with a PHD in Economics from Harvard said that Vietnam reducing tariffs to 0 doesn’t solve the US trade deficit with Vietnam because the US is so rich it can afford anything from Vietnam but Vietnam can’t afford anything from the US.
Key Impact Areas
Impact of tariff reduction
Trade deficit between US and Vietnam
Economic disparity between US and Vietnam
Challenges
US trade deficit with Vietnam
Affordability disparity between US and Vietnam
Economic imbalance affecting trade