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The threat of growth of tariffs for imports in the United States may aggravate the economic trajectory of countries such as Vietnam.
In recent years, foreign direct investment in Vietnam has increased when firms are looking for ways to manage the risk -related production in China. Following Records of the World Bank Returned until 1970.
46% of the “mutual” tariff rate of President Donald Trump on goods that were imported into the US from Vietnam, came into force on April 9. Later, on this day, Trump dropped tariff rates for products from countries such as Vietnam, up to 10%. Countries subject to raising tariffs have less than 90 days Talking the best trading conditions With a white house.
“Vietnam is very vulnerable,” said Tuan Chu, Assistant Head of the Rmit Vietnam Program.
According to Kalena Hendrick, a senior researcher at the International Economy Institute, potentially strengthened tariff rates. The Vietnam trade surplus amounted to approximately $ 123.5 billion in 2024 and 39.5 billion dollars in 2018According to the Census Bureau.
Part of Vietnam’s exports to the US can be Chinese products that have been redirected to avoid higher tariff rates. Evidence of this comes from trading data According to the research work of the Harvard Business School of Harvard School of Harvard School of Harvard School Harvard School of Harvard School Harvard School of Harvard School, collected after 2018.
Edmund Maleski, Professor of Political Science University of Duke and one of the authors of Harvard newspaper, believes that 84% of the increase in production activity in Vietnam was production. “But there is a smaller part, perhaps 16%, depending on how you measure it, which is redirected, which has become a problem for the US,” Maleski said.
Firms can change their international supply networks if higher tariff rates for US imports.
“This is some part of the game in the global Whack-A-Mole,” Hendrix said.