reciprocal-tariffs
-
The Impact of the 20% Tariff on Imports from Vietnam – US Consumer Prices Up, Industrial Competitiveness Down
July 6, 2025 Summary: This blog discusses the potential impact of the newly agreed 20% flat tariff on all U.S. imports from Vietnam. Vietnam is the sixth largest national source of US imports and so tariff adjustments will impact both Vietnamese producers and US buyers. Slim net profit margins in labor-intensive consumer goods industries will…