In addition, US President Donald Trump also emphasized that he would not continue to extend the new tax period. In addition, the US also plans to apply separate taxes on industries such as steel, aluminum, automobiles, copper and pharmaceuticals. Previously, in mid-March 2025, the US officially imposed a 25% import tax on aluminum and steel. This has affected many businesses exporting aluminum and steel to the US, because they had signed orders with many US partners in advance. Therefore, if businesses cannot negotiate with customers to increase selling prices, they will suffer great losses.
For Vietnam, the US is the largest export market, accounting for more than 30% of total export turnover. Specifically, in the first 6 months of 2025, Vietnam exported nearly 220 billion USD, of which the US market alone was more than 70.9 billion USD. Similarly, the US is also Dong Nai 's largest export market and in the first 6 months of this year, businesses in the province exported nearly 4.7 billion USD worth of goods to this country.
Previously, on July 2, 2025, US President Donald Trump said that he had reached an agreement with Vietnam. It is expected to impose a 20% tax on Vietnamese goods exported to the US and a 40% tax on transit goods. Vietnam will reduce import taxes on US goods to 0%. However, the information on taxes on goods exported to the US is only a "preliminary framework", because some issues are still being discussed to reach agreement.
According to economic experts, countries with large export turnover to the US, if imposed with high new taxes, will affect production, export and economic growth in the last two quarters of this year and next year. Currently, many countries are taking advantage of the time from now until July 30, 2025, to continue negotiating to reduce reciprocal taxes when exporting goods to the US. At the same time, they are looking for ways to expand exports to other markets to reduce the impact. This makes the world export market continue to have fierce competition between similar products from different countries.
Recently, many Vietnamese goods exported to the US have been subject to tax rates of 5-15%. Therefore, if the reciprocal tax is applied at the agreed rate of 20%, Vietnam's exports will be less affected. Thus, attracting foreign investment to Vietnam as well as Dong Nai in particular will have high growth. Currently, many foreign enterprises and corporations are waiting for the US to officially announce the tax rate on imported goods from Vietnam to make plans to increase orders and expand investment in our country.
Khanh Minh
Source: https://baodongnai.com.vn/kinh-te/202507/my-se-ap-thue-nhap-khau-hang-hoa-tu-20-50-359177b/
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