Monday, December 9, 2024

TIDBITS FROM MARKZ, 9 DEC

 MarkZ 

  [via PDK]

   Vietnams Trade surplus has strengthened and they will be pushed to increase the value of their currency.

Their currency just isn’t strong enough which allows them an unfair advantage in international trade. 

Article:  “Vietnams soaring US trade surplus stokes new fears of Trump’s tariffs”  Will they scale back in trade or will they “raise the value” of the dong in comparison with the dollar?  Leveling the playing field. They are actively talking about raising the value of their currency.

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