[worrycue]

> If they were able to build a toaster (or whatever) profitably than they would have already done it.

For countries like Vietnam, that might be due to lack of investment.

For the last few decades, everyone was concentrating on China. This I believe has began to change - foreign investment in China is down if Im right.

On the other hand relationships between Vietnam and the West has been thawing the last decade or so - especially with the US.

Countries like Mexico are also looking to take on some of China’s manufacturing load - their proximity to the US is an advantage.

Tariffs on China effectively gives all their competitors a competitive advantage which will only help develop said competitors.