On the 50th anniversary of the end of the Vietnam War, U.S. companies that have come to rely on Vietnam’s factories, like Apple and Nike, are in a bind because of Trump’s tariffs.

During President Trump’s first U.S.-Chinese trade war in 2018, American companies flocked to Vietnam to sidestep escalating tariffs, and the country became increasingly critical to their bottom lines.

But in Mr. Trump’s escalating trade fight across the globe, Vietnam has become a new target. Tensions were so high that there were doubts about whether American diplomats would attend Wednesday’s events commemorating the 50th anniversary of the end of the Vietnam War.

Here’s how some U.S. businesses have come to rely on the country:

Nike now produces half of its shoes in Vietnam and supports nearly half a million workers across 162 supplier factories.

Apple, via contract manufacturers, employs more than 200,000 workers at 35 facilities. Apple suppliers have been offering sign-on bonuses

Keep reading this article on Andrew Ross Sorkin - DealBook Section Business New York Times.

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