Just for everyone in world's sake / security it would seem to be a good idea to spread manufacturing out all over the world.
Hopefully we see more of that.
Hopefully we see more of that.
What's interesting to me is once the trade imbalance with Vietnam tips over to their favor what will the US do. Also it's not like Vietnam is some democratic wonderland in terms of their government.
They're not but I don't think the form of government is the key factor as much as how trade works on the ground with China.
Vietnam IMO would likely be more than receptive to lots of new business, possibly making a point not "be like China" in order to assure such business.
These trade wars benefit the lucky rather than those willing to change.
Not every company can afford to create a new manufacturing environment, Apple is Priced luxury so their margins are high enough to compensate.