Vietnam's shipments from China, to US reach record high amid trade fraud crackdown
- Posted on May 7, 2025
- By Yahoo News
- 1 Views
Vietnam's shipments from China, to US reach record high amid trade fraud crackdown
HANOI (Reuters) -Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory. The Southeast Asian nation faces the risk of 46% duties on its exports to the U.S. if the White House confirms this rate at the end of a global tariff pause in July. This could undermine Vietnam's growth model and hit multinationals exporting from the country, including Samsung and Nike.