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Fortune
Fortune
Jay Ganglani

SHOCKING: Vietnams 140 billion u s surplus isnt driven by illegal transshipment says ex ambassador marc knapper | Mind Blowing Facts

(Credit: Graham Uden for Fortune)

Only a “very small percentage” of Vietnam’s exports to the U.S. are illegally transshipped, Marc Knapper, the former U.S. ambassador to Vietnam, said on Nov. 3, as the Trump administration tries to apply the term to a wider set of supply chain activities.

“The term transshipment has come to mean different things to different people,” Knapper, who served as the U.S.’s top diplomat in Vietnam from 2022 to 2026, explained at the Fortune Southeast Asia 500 Summit in Ho Chi Minh City.

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