The ongoing trade war between the United States (US) and China is likely to benefit Vietnam the most, followed by Taiwan and Chile, suggests a report by Nomura titled “Exploring US and China trade diversion”, co-authored by Rob Subbaraman, Sonal Varma and Michael Loo.
The findings are based on the study of world's 50 biggest economies from the first quarter of 2018 (Q1CY18) till the first quarter of CY19 (Q1CY19).
Besides these three, Malaysia, Argentina, Hong Kong, Mexico, Korea, Singapore and Brazil are the other countries / economies among the top 10 that Nomura believes will benefit the most. Canada,