HANOI: Vietnam, which deployed a Trump administration charm offensive by slashing levies on imports and vowing to buy more big-ticket US products to protect its trade-reliant economy, failed to avert one of the largest tariffs announced by the White House.
Vietnam is being hit with a 46% tariff, one of the highest "reciprocal” rates aimed at what the Trump administration labels the worst offenders based on a government tally of the levies and non-tariff barriers imposed on US goods.
