Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs, survey shows


HANOI: Most US manufacturers surveyed by the American Chamber of Commerce in Vietnam said they would be likely forced to lay off workers if the Trump administration imposed tariffs on the export-reliant Southeast Asian country.

The survey was conducted from February 4-11 over the period when US President Donald Trump had already approved 25 per cent tariffs on steel and aluminium and had pre-announced broader reciprocal tariffs on countries with trade imbalances, and sector-specific duties on semiconductors, cars and pharmaceuticals.

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USA , Vietnam , layoffs , Trump tariffs

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