Donald Trump's tariff war: Vietnam offers zero duties after 46% US levy ¡ª netizens say, ¡®Nike prices will go up¡¯
Vietnam told Donald Trump it's willing to reduce import tariffs to zero. But the US had already levied a 46% duty, leading to strong netizen reactions ¡ª including concerns about Nike price hikes and skepticism about the offer's impact.
US President Donald Trump said that Vietnam may be ready to eliminate tariffs on American goods. This came after the US slapped a significant 46% tariff on imports from Vietnam, sparking global economic chatter and widespread online reactions.
A call that could shift tariff tides
President Trump took to his platform, Truth Social, to share that he had a ¡°very productive¡± conversation with General Secretary To Lam of Vietnam. Trump stated that the Vietnamese leader expressed interest in removing tariffs completely ¡ª but only if both sides can strike a fair trade agreement. This comes in response to the hefty tariff imposed by the US on Vietnamese goods, a part of Trump¡¯s larger global trade push.
Vietnam feels the heat of US tariffs
Vietnam, a rising manufacturing hub, was hit hard with the 46% tariff, placing a strain on its trade relationship with the US. Official data shows that the US imported over $136 billion in goods from Vietnam last year, nearly a third of the Southeast Asian country¡¯s GDP. The economic impact is already being felt on both sides of the Pacific.
Social media weighs in on tariff drama
Social media users had plenty to say about Trump¡¯s announcement and its ripple effect. One noted, ¡°Nintendo stock jumped after Trump announced on Truth Social that he had spoken with Vietnam about making a deal on tariffs.¡±
Nintendo stock jumped after Trump announced on Truth social that he had spoken with Vietnam about making a deal on tariffs pic.twitter.com/o4B6tmg6A6
¡ª Charlie Spiering (@charliespiering) April 4, 2025
Another predicted rising costs: ¡°Air Force 1s, which currently cost $115, and other Nike shoes are predicted to go up in price after Trump¡¯s tariffs on China and Vietnam.¡±
Air Force 1s, Which Currently Cost $115, And Other Nike Shoes Are Predicted To Go Up In Price After Trump's Tariffs On China 5 Vietnam.? pic.twitter.com/guFu8m80Oa
¡ª Raphousetv (RHTV) (@raphousetv2) April 4, 2025
A third user dismissed the gesture, saying: ¡°Since Vietnam already has low tariffs on us and already buys very little from us, getting their tariffs on us down to 0 is a drop in the bucket compared to Trump¡¯s enormous tariffs.¡± Meanwhile, one user speculated: ¡°I predict 25% chance President Trump announces pause on Vietnam tariffs before close of market today (65% by end of next week) in respect for Vietnam's good faith suggestion of going to zero tariffs.¡±
I predict 25% chance President Trump announces pause on Vietnam tariffs before close of market today (65% by end of next week) in respect for Vietnam's good faith suggestion of going to zero tariffs
¡ª RC O'Leary (@RCOLeary) April 4, 2025
Trump¡¯s tariff push continues to stir markets, as netizens weigh in on Vietnam¡¯s zero-duty offer and its limited impact.
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Nancy Jaiswal is a journalist who started her career in reporting and has covered both hard and soft news. From serious city news developments to lighthearted lifestyle pieces, she has written on almost everything hapenning in India (except maybe alien invasions¡ªyet!). For her, writing isn¡¯t just work; it¡¯s a passion, an obsession, and sometimes the reason she forgets to reply to texts.
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