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Tariff Shockwave: Vietnam's 46% Hit and What It Means for You
Executive Summary
On April 2, 2025, the Trump administration announced a steep 46% reciprocal tariff on imports from Vietnam, effective April 9. Justified as a response to Vietnam’s high trade surplus and alleged trade barriers, this move is poised to reshape the U.S.-Vietnam trade dynamic. Key export industries—textiles, footwear, electronics, furniture, and seafood face significant disruption, while both Vietnamese and American businesses brace for ripple effects.
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By KamelamariExecutive Summary
On April 2, 2025, the Trump administration announced a steep 46% reciprocal tariff on imports from Vietnam, effective April 9. Justified as a response to Vietnam’s high trade surplus and alleged trade barriers, this move is poised to reshape the U.S.-Vietnam trade dynamic. Key export industries—textiles, footwear, electronics, furniture, and seafood face significant disruption, while both Vietnamese and American businesses brace for ripple effects.