Vietnam’s cost advantage and dependence on Chinese parts are strengthening ties with Beijing, even with US tariffs.

The region’s success relies on free trade, but that openness is now threatened by growing protectionism and U.S. export controls.

U.S. and Chinese officials agreed to seek an extension of their 90-day tariff truce on Tuesday, following two days of what both sides described as constructive talks in Stockholm aimed at defusing an escalating trade war between the world's two biggest economies that threatens global growth.