Vietnam produced the largest trade surplus with the United States in January, overtaking both Mexico and China, latest official US data shows, as its exports rose sharply while Chinese direct shipments to the United States fell.
Hanoi has been negotiating a trade deal with Washington for months but no agreement has been reached because of the large trade gap and disagreements over tariff rates the US wants to impose on Vietnamese goods, officials have said.
In January, Vietnam’s trade surplus…
Vietnam records world-highest trade surplus with US, surpassing Mexico, China
