Vietnam braces for end of US tariff pause
244d ago
World
Deutsche Welle

Vietnam is preparing for the expiration of a pause on 46% tariffs imposed by the United States on Vietnamese imports, scheduled to end next month. Businesses in Hanoi have been actively pursuing diversification strategies to mitigate the potential negative effects of these tariffs. These efforts include exploring new markets and adjusting production processes to reduce reliance on US trade. The impending tariff reinstatement presents a significant economic challenge for Vietnam, prompting proactive measures to safeguard economic stability and competitiveness.