US-Vietnam Tariff Deal Seen As Positive Despite Higher Rates

Experts have welcomed the US–Vietnam trade agreement, calling it a positive outcome despite the imposition of a 20% tariff on Vietnamese goods and 40% on transshipped items. This marks a reduction from the previously proposed 46% rate.

In return, Việt Nam will eliminate all tariffs on US imports, part of what President Trump called a “Great Deal of Cooperation.” Experts credit Vietnam’s proactive diplomacy for securing the deal.

Analysts say the 20% rate, though higher than ideal, remains manageable for most exporters. Businesses are expected to adjust pricing, optimize operations and strengthen origin tracking to avoid transshipment penalties.

Industry players like Garment Corporation No. 10 are focusing on improving productivity and diversifying raw material sources, including buying US-origin cotton, to meet origin rules and maintain competitiveness.

Despite some risks, economists believe the deal supports Vietnam’s growth targets and enhances its global trade position.