The Peter Zeihan Podcast Series Tariff Spotlight: Vietnam || Peter Zeihan
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Apr 15, 2025 The discussion reveals the chaos of Vietnam's 46% tariff, highlighting the Trump administration's misguided trade decisions. Experts unveil the significant impacts of these policies on the Vietnamese economy. The evolving U.S.-Vietnam economic relationship comes under the microscope, showcasing new investment trends and the push for supply chain diversification after COVID-19. Additionally, the complexities of trade deficits and data manipulation are scrutinized, outlining the challenges that lie ahead for economic collaboration.
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Vietnam Tariff
- The Trump administration imposed a 46% tariff on Vietnam.
- This was calculated by dividing the trade deficit by US exports, ignoring existing tariffs.
Trump's Isolation
- Trump's decision-making process is isolated, lacking expert advisors.
- He fired anyone with relevant experience and surrounded himself with incompetence.
Inept Advisors
- Peter Navarro, Trump's trade advisor, is an academic with no practical experience.
- Commerce Secretary Howard Lutnick tells Trump what he wants to hear, regardless of reality.