Good morning. I wasn’t the only one who was shocked to see Vietnam tagged as one of President Trump’s worst offenders, slapped with a 46% tariff. I remember when I first went to Vietnam as a young reporter for a U.S. newspaper, I was struck by its beauty and the excitement people felt about opening up their battered economy to foreign investment. There were plenty of Americans roaming around to help them do it, inspired by potential profits—and perhaps a sense of obligation from the pain that country endured during the Vietnam War.
If the relationship between the U.S. and Vietnam unwinds, it’s hard to see how either side emerges a winner.
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Contact CEO Daily via Diane Brady at diane.brady@fortune.com
