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Which sector will be most impacted by the U.S. decision to maintain Vietnam's non-market economy status by the end of 2024?
2
Resolution / Starting Odds
Textiles • 25%
Electronics • 25%
Agriculture • 25%
Other • 25%
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Biden Administration Reaffirms Vietnam's Non-Market Economy Status on Friday
Aug 2, 2024, 01:34 PM
The U.S. Department of Commerce announced its determination on Friday that Vietnam will continue to be classified as a non-market economy country. This decision, confirmed by the Biden administration, was a setback for Vietnam, which had requested to be officially recognized as a market economy. The Biden administration's rejection of this request impacts Vietnam's efforts to boost exports to its most important market, the United States.
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Yes • 50%
No • 50%
Tariffs on U.S. goods • 25%
Trade agreements with other countries • 25%
No significant changes • 25%
Other • 25%
Increase by more than 1% • 25%
Increase by less than 1% • 25%
Decrease • 25%
No change • 25%
Electronics • 25%
Textiles • 25%
Agriculture • 25%
Machinery • 25%
Approved • 25%
Rejected • 25%
Pending • 25%
Other • 25%
Manufacturing • 25%
Agriculture • 25%
Services • 25%
Other • 25%
Yes • 50%
No • 50%
Technology • 25%
Agriculture • 25%
Manufacturing • 25%
Financial services • 25%
Apparel • 25%
Electric Vehicles • 25%
Solar Panels • 25%
Other • 25%
Agriculture • 25%
Technology • 25%
Automotive • 25%
Pharmaceuticals • 25%
Technology • 25%
Consumer Goods • 25%
Automotive • 25%
Other • 25%