Vietnam emerged as a trade winner. Trump new tariffs may disrupt that

Vietnam was long affection as an example including an external trade in the world to establish eratories that electronic products that grasp.

But now, the concerns your president donald rates taggs derail derial derial derial to the overts of diplomatic wheering than economic is unlikely

Trump hit the SUG-East Nation with a 46% import dutyone of the most cloths between the countries over 180treating a heavy knock to a nation that derived Almost 90% of their annual domestic product From exports of goods and services in 2023, according to the estimates from the world bank.

The new levitation could shave 1.2 percentage of vietnams vietnames of an economic team in the country “At least 8%” this year. I am

The growth in the South Economy SUB-Econ is already this year, expanding 6.93% in the first quarter, down by 7.55% the fourth first.

Vietnam appeared as a hub manght for several companies that sell goods in the United States, including multinacted consumer’s retailers Nike, Adidas, UniIqlo and it Apple IncDue to a mixture of relatively economic work and the policies of the government supported.

According to the Annual Annual Annual Report for 2024, factories in Vietnam Fabricated 50% of their footwear and 28% of their clothes products, while addas are supplied 39% of their footwear items from the previous year’s Vietnam. Apple also has widened his or her mention of fabrication in Vietnam In the past few years, with about 20% of the IPad production and 90% of the Apple’s Apprentice Assembly as the apple watched to Vietnam.

Since the ultimate china war of China in 2018, the first Trump’s first factory have moved their production to Vietnam to avoid the United States fees.

Vietnam’s business Surplus in goods with the US more than triplen to a LONG RESULT OF $ 123.5 Billion The past year from less than $ 40 billion in 2018, according to the US Vietnam vietnam data in the US $ 136.6 Billion in 2024.

The new Levies Announced by Trump last week could slash goods of the TrangeNam’s Vietnam from how much 40% this year, according to OCBC’s bank. The mentioned banking data from Vietnam’s dogs, which showed by Vietnam’s goods to the US Account for about 30% of their total turnover.

The new duties can also reduce the insurance to make a manufacturing basis in the country, weight on the foreign direct investment that flows in Vietnam.

But as is often the case with the United States of International TradeThere are discrepancies between the official numbers reported from the US and Vietnam, in part due to the differences in evaluation methods.

Nguyen thu oanh, head of the Department of inflation in the status office, said Sunday The new United States fees may drive some foreign companies to move their production out of Vietnam, reported Vietnam.

“Reciprocal fees and India” strategy “Streak in the region in the time of years,” he said to the economy, but “have time to global global to adjust.”

After the Call the phone with Trump last FridayVietnam’s fort of the holiday said in a bed the country is willing to remove you to (the tarum despatchers are the same for the same for the same for the export to the same

He also gathered Hania commitment to engage the united states to reduce the bilateral trades surplus and encouraged to increase the environments.

In response to the questions about Zero-rate offer of Vietnam, White Better Better Advise Peter Navarro Navarro State it was not enough to justify a cancellation of new levies.

“We’ll take Vietnam. When we come to us and say ‘let’s go to zero fees”, that means nothing because it is not of cnbc’s nontaraffa “castingSquawk box‘

Examples of “Nontaruffe cheat” cited by Navarro included that products in Vietnam and the living heading has been criticized as barrier hidden.

The ricipitate rates of the contribertiscript “,” Hanoi sought to offer business compresses, including Fearing fees on many American products, as the gas and polished cars, and appropriate a test trial for satellite satellite service in the country.

China recovered with An additional 50% of the additional fees in all the US GoodsBut most Asian economies chose to refrain from direct revenge.

Asian shop economy of the negotiation with the desktop findings, especially runs a large trade (senior and michaelel wan in mutic in mutog.

While Vietnam negotiation with Trump May “trump administration,” is unlikely. “Drastic levels” from drastically “from drastically” from the project.

China’s retailation has complicated Vietnam negotiation with us, as the Chinese wishes may exploit the most bound fares on Vietnam, Wan said.