How is Vietnam GDP affected by Trump's reciprocal tax?

VnExpress - VN Express - 04/04
International experts forecast that Vietnam's GDP may be reduced by 0.99-5.5% from Trump's reciprocal tax and recommend that the authorities will soon negotiate and diverse exports.

On April 2, US President Donald Trump announced imposed import tax on over 180 trading partners, fluctuating 10-50%. In particular, Vietnam belongs to the group of countries with the highest level of 46%.

This tax does not apply to some products such as gold, copper, pharmaceutical, furniture, semiconductors and some types of energy and minerals are not available in the US. Meanwhile, aluminum, steel, car, car parts continue to be subject to 25% tax before.

In the executive order signed by Mr. Trump, the reciprocal tax was to "re -balance the trade flow". Therefore, this tax formula uses data on deficit and export turnover, and many other factors as inputs.

The disadvantage is "reporting foreign trade barriers" of the White House stating US goods deficit to Vietnam increased from US $ 104.5 billion to 2023 to US $ 123.4 billion last year. Trade service surplus is not enough...
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