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“Made in China” Becomes “Made in Vietnam”

Released on Patreon on July 4, 2025

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Vietnam has been clawing its way up the American import leaderboard. With Trump’s July 9 tariff decision-day quickly approaching, let’s look at why Vietnam is next in line to China.

Vietnam is geographically close to China. It has a highly skilled and large workforce. And it has the industrial ambition that matches US needs. But if we already have Mexico, why do we need Vietnam? They scratch different itches. Think of Vietnam as V2 of China – made up of integrated industrial clusters like Ho Chi Minh City. Mexico has geographically isolated centers that focus on whole products, rather than sharing production across cities. Each valuable, but perhaps Mexico is better suited for a deglobalized world.

Vietnam will still have to navigate the tariff situation, which might be a cluster-f*** given the lack of personnel and systems in place. However, that doesn’t make Vietnam any less crucial, it just means there will be some hurdles to jump.

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YouTube Video Link: https://youtu.be/V3jRuaHNeOo

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