Vietnam is the sixth largest supply of U.S. imports. If the U.S. authorities’s reciprocal tariffs attain ranges advised in April, it might change the nation’s financial trajectory. Larger tariff charges are anticipated to value U.S. households 1000’s of {dollars}. The White Home says the brand new duties on imported items will minimize down on unfair commerce practices overseas, placing america in a extra aggressive place towards rising manufacturing powerhouses in south east Asia.
Chapters
0:00 Introduction
01:14 Shopper items
03:04 The China +1 technique
05:11 Commerce deficits
Produced and Edited by: Carlos Waters
Senior Director of Video: Lindsey Jacobson
Graphics: Mallory Brangan, Jason Reginato
Extra footage: Getty Photographs
Extra sources: Worldwide Vitality Company, Northern Belief, U.S. Census Bureau, U.S. Worldwide Commerce Administration, U.S. Commerce Consultant, White Home, Yale College
Sat, 12 Apr 2025 15:00:22 GMT