Hardest-hit Vietnam risks losing $25 billion from US tariffs, UN estimates

Vietnam PM seeks new trade deals to counter US tariff impact

HANOI: Vietnam's prime minister said Hanoi was pursuing new trade deals this year to mitigate the impact of tariffs imposed on its goods by the United States, its largest market.The statement came days after est

UN Estimates Vietnam may Forfeit $25 Billion as US Tariffs Take Toll

Following the implementation of the US tariffs, the World Bank lowered its growth projections for Vietnam for this year.

US tariffs could cost Southeast Asia $25B, report says

Washington’s steep tariffs on Vietnam could cost the country as much as $25 billion in lost exports, exposing major vulnerabilities in Southeast Asia’s export-reliant economies that could lead them to turn to China to buffer against US levies. Though most Vietnamese goods exports are produced in factories run by American firms, President Donald Trump still imposed a 20% duty on them, which could cut US-bound trade by almost a fifth, a UN report …

Hardest-hit Vietnam risks losing $25 billion from US tariffs, UN estimates

U.S. tariffs imposed in August risk slashing up to one-fifth of Vietnam's exports to the United States, making it the worst-hit country in Southeast Asia, according to estimates by the United Nations Development Programme.

Hardest-hit Vietnam risks losing $32 billion from US tariffs, UN estimates

The World Bank revised down Vietnam’s growth forecasts for this year after the US tariffs took effect. Read more at straitstimes.com.

Hardest-Hit Vietnam Risks Losing $25 Billion From US Tariffs, UN Estimates