The Vietnamese dong is likely to test new lows as the country’s growing trade surplus with the US puts it at risk of targeted tariffs from the incoming Donald Trump administration.

Trump's biggest first-term trade impact was to shatter decades of political consensus favoring ever-lower trade barriers.

Based on what’s known so far about President-Elect Donald Trump’s plan to raise tariffs on all imported goods, it’s likely U.S. shoppers would see prices rise for a wide range of items, including: That’s because tariffs are paid by the domestic companies importing foreign goods and materials,