In a move that has everyone talking, U.S. President Donald Trump has imposed a 10% baseline tariff—with even higher rates for 60 countries—that took effect at U.S. seaports, airports, and customs warehouses at 12:01 a.m. on Saturday. This decision is stirring debates across global trade circles.
Vietnam, a manufacturing powerhouse that relies heavily on exports, counts the U.S. as its largest market. With exports reaching an impressive $142 billion in 2024—making up nearly 30% of its GDP—the tariff news has raised serious eyebrows in Hanoi. 😮
Locals have voiced their concerns: Vietnamese teacher Long noted, "The U.S. has imposed tariffs on many countries. Prices of American goods will inevitably rise, and the American people will have to bear the cost." Meanwhile, student Duc Anh added that these tariffs could severely impact bilateral exchanges and cooperation, affecting everyday life for many in Vietnam.
As discussions heat up among young professionals and tech-savvy citizens across South and Southeast Asia, questions remain on how global trade policies will shape local economies and lifestyles in our fast-paced, interconnected world.
Reference(s):
We Talk: Vietnamese believe U.S. tariffs will hurt both countries
cgtn.com
