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Tesla, Samsung oppose new US tariffs on Vietnam

By · Published by Everything Blog

In short

The Trump administration faces a November 29 deadline to resolve an intellectual property investigation into Vietnam, which holds the largest goods surplus with the United States. While tech and manufacturing giants warn against supply chain turmoil, domestic producers of steel, plywood, and seafood want punitive duties enacted. Furthermore, software and entertainment groups report billions of visits to Vietnam-hosted pirate sites amid persistent enforcement failures. Vietnamese imports already face an active 12.5% forced-labor tariff that replaced an earlier 20% levy invalidated by the Supreme Court.

Key points

  • Additional tariffs would disrupt crucial international supply networks for consumer elect…: Additional tariffs would disrupt crucial international supply networks for consumer electronics, apparel, and automotive components.
  • American industrial producers and creative copyright groups are actively lobbying Washing…: American industrial producers and creative copyright groups are actively lobbying Washington to penalize Vietnam for unfair trade and piracy.
  • It remains undetermined whether any forthcoming trade actions will apply broadly to all V…: It remains undetermined whether any forthcoming trade actions will apply broadly to all Vietnamese imports or focus on targeted commercial sectors.

Sources checked by our analysis pipeline: 1

The Trump administration has set a November 29 deadline to conclude a trade probe launched in May over the Southeast Asian nation's alleged intellectual property violations. It designated Vietnam as a "priority foreign country", the first jurisdiction in 13 years to be added to the most serious US watchlist category.

The US has accused Vietnam of "a persistent failure to resolve long-standing concerns about IP protection and enforcement." A separate probe into alleged excessive capacity is also underway. Vietnam has urged Washington to conduct its investigations objectively.

It is not clear if any tariffs linked to IP violations would be general or sector specific. The US currently levies a general 12.5% tariff on Vietnamese goods that was imposed in July after an investigation into alleged failures to prevent imports of goods made with forced labour.

Vietnam, long accused of being a transit hub for Chinese goods, faced 20% tariffs after Trump's "Liberation Day", which were struck down by the Supreme Court. Many economists have said the objective of the Trump administration is to reimpose at least the same level of…

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