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The US trade deficit with Vietnam exceeded $110 billion in January to November, up nearly 18% from the same period of 2023. The Vietnamese dong's sharp fall from late October to multi-month lows against the dollar has made Vietnamese exports cheaper.
Vietnam now has the fourth-largest surplus among US trade partners.
A weaker dong makes Vietnamese goods cheaper for US buyers, which supports the trade imbalance and draws scrutiny over currency manipulation. For feed markets the direct commodity impact is limited.
reuters.comFrancesco GuarascioJan 8, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
