US EditionVietnam prepared to crack down on Chinese trade to avoid Trump tariffs: Reuters
- On April 2, 2024, U.S. President Donald Trump imposed a 46 percent tariff on Vietnamese imports, prompting Vietnam to prepare a crackdown on illicit transshipment of Chinese goods through its territory.
- The tariff followed concerns that China routed exports via Vietnam to avoid U.S. Duties, leading to a 90-day suspension and the start of reciprocal trade talks between the two countries.
- Vietnam's government held an emergency meeting on April 3, ordering ministries to devise within two weeks a plan to clamp down on trade fraud while avoiding provocation of China before Xi Jinping's April visit.
- Vietnam's trade surplus with the U.S. Reached $123.5 billion in 2024, with indirect Chinese content accounting for about 28 percent of Vietnam's exports to America, according to trade data and expert analysis.
- The crackdown aims to address U.S. Concerns over tariff evasion while preserving Vietnam’s export-led economy and balancing its complex relations with both the United States and China.
24 Articles
24 Articles
An unexpected pawn: Vietnam's key role in Trump's trade war
On April 2 — christened “Liberation Day” — President Donald Trump declared a national emergency in response to the “large and persistent U.S. trade deficit” and “unfair” economic practices by foreign countries that, according to Trump, hurt the American people by undermining the U.S. industry and employment. In response, the president announced a minimum 10% tariff on all U.S. imports, plus higher tariffs, ranging from 11% to 50%, on imports fro…
Samsung under pressure in the face of US tariffs
Vietnam — Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump’s tariffs. But she hoped it would not affect business. Samsung, the world’s second-largest phone maker, produces around half of its handsets in Vietnam. Trump’s threat to impose a 46-percent tariff threat on the country sent shockwaves through the South Korean giant’s supply chain…
Exclusive: Facing Trump tariffs, Vietnam eyes crackdown on some China trade
In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China, according to a person familiar with the matter and a government document seen
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