US tariff on imports from Vietnam drops to ~16% after policy change

27 Feb '26

1 min read

US tariff on imports from Vietnam drops to ~16% after policy change

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Average US import tariffs on Vietnamese goods have dropped from 21.6 per cent to around 16 per cent after a recent shift in US trade policy, Global Trade Alert said.
The combined effective duty on Vietnamese goods now is still lower than under the previous tariff regime.
Vietnamese exporters will gain as effective tariffs fall from roughly 20 per cent earlier to 10-15 per cent under the new structure.

Average US import tariffs on Vietnamese goods have dropped from 21.6 per cent to around 16 per cent following a major shift in US trade policy recently, according to Global Trade Alert.

The decline followed the US Supreme Court verdict striking down tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The US administration then imposed a 10-per cent additional tariff under Section 122 of the Trade Act.

Despite the new surcharge, the combined effective duty on Vietnamese goods is still lower than under the previous regime.

Vietnamese exporters will benefit as effective tariffs fall from roughly 20 per cent under IEEPA to around 10-15 per cent under the new structure, a news agency reported.

However, competition may intensify if reciprocal tariffs are applied more uniformly across countries, reducing Vietnam’s earlier advantage over some rivals, especially China. The risk is limited as Washington is expected to continue country-specific measures, especially targeting Beijing.

Fibre2Fashion News Desk (DS)

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