Tariff Barriers and the Cost of Concentration Since 2018, the United States has imposed tariffs on hundreds of billions of dollars worth of Chinese goods—up to 25% in many categories. China responded with reciprocal measures. The immediate effect has been a steep rise in import costs, forcing companies to reconsider sourcing exclusively from China. Corporations …
09
Apr
Apr
✅ 1. Export GrowthVietnam enjoys tariff exemptions or reductions when exporting goods to major markets such as the EU, Japan, South Korea, and CPTPP countries.→ This helps Vietnamese products become cheaper and more competitive in partner countries. ✅ 2. Market ExpansionFTAs enable Vietnamese businesses to access larger and more potential markets.→ Agreements like the EVFTA, …
07
Apr
Apr
Overview of Freight Rate Trends Between July 11, 2024 and March 20, 2025, the Drewry World Container Index — a benchmark for freight rates across the world’s eight major maritime routes — recorded a significant decrease of 61.6%, marking the lowest point in over a year. This sharp decline in freight rates has compelled leading …
04
Apr
Apr
Reciprocal tariffs are taxes imposed on goods imported from another country in response to unfair tariff policies of that country.
02
Apr
Apr
According to Decree 73/2025, several imported goods from the U.S. will have reduced import tariffs, including: Automobiles: Reduced from 64% to 50% and from 45% to 32%. Ethanol: Reduced from 10% to 5%. Food and agricultural products: Frozen chicken legs: Reduced from 20% to 15%. Pistachios, almonds, fresh apples, cherries: Reduced from 8-15% to 5%. …