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This Country Is Winning the Trade War

This Country Is Winning the Trade War

Vehicles travel along a road past buildings seen from the glass-bottomed observation deck of Lotte Center in Hanoi, Vietnam.

Vehicles travel along a road past buildings seen from the glass-bottomed observation deck of Lotte Center in Hanoi, Vietnam.

Photographer: Yen Duong/Bloomberg
Vehicles travel along a road past buildings seen from the glass-bottomed observation deck of Lotte Center in Hanoi, Vietnam.
Photographer: Yen Duong/Bloomberg

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The trade war between the U.S. and China is taking a toll on growth in the world's two largest economies, but there's another nation where the tariff battle is producing a clear winner: Vietnam.

On this episode of Stephanomics, hosted by Bloomberg Economics head Stephanie Flanders, reporters Michelle Jamrisko and Uyen Nguyen visit a furniture maker in Hanoi to get a sense of how companies are profiting from the U.S.-China tensions. Stephanie also talks with Bloomberg Opinion columnist Daniel Moss about the trade war and other forces shaping Asia's economies, then catches up with Bloomberg trade-coverage czar Brendan Murray about the implications of an interesting recent World Trade Organization decision.