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US Tariffs Risk 20% of Vietnam's Exports, GDP Plunge

9/22/2025

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Summary

Story summary

Tariffs from the United States (U.S.) since Aug 7 threaten 20% of Vietnam's exports and exceed $25 billion.
Footwear exports to the U.S. fell 5.5% since tariffs began.
Electronics, 28% of Vietnam's U.S. exports, remain at risk despite tariff exemptions.
United Nations Development Programme (UNDP) projects Vietnam’s GDP could fall ~5% due to tariffs; Hubei shipments to U.S. rose 354.9%.

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Story summary

Tariffs from the United States (U.S.) since Aug 7 threaten 20% of Vietnam's exports and exceed $25 billion.
Footwear exports to the U.S. fell 5.5% since tariffs began.
Electronics, 28% of Vietnam's U.S. exports, remain at risk despite tariff exemptions.
United Nations Development Programme (UNDP) projects Vietnam’s GDP could fall ~5% due to tariffs; Hubei shipments to U.S. rose 354.9%.