Samsung faces tariff threats in Vietnam amid US trade tensions, risking supply chains and prompting possible production shifts.
This photo taken on April 8, 2025 shows a man walking past the logo of Samsung Electronics on a billboard in Bac Ninh province. AFPpixSipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump's tariffs, but hoped it would not affect business.
“Our work goes on normally,“ agreed Le Van Binh, 30, adding that he hoped the Vietnamese government would be able to work out a deal. But US tariff threats -- even after Trump abruptly paused them on Wednesday -- are now shaking the logic that has underpinned decades of rapid growth and manufacturing investment in developing Asian economies, he said.
“Despite the additional costs involved, this appears to be an inevitable decision to maintain or expand their presence in the strategically important US market,“ he said. Trump's decision to pause the imposition of the levies sparked euphoria on global markets on Thursday -- but he raised tariffs on China to 125 percent because of a “lack of respect”.Sky-high tariffs “could impose substantial costs on US-based semiconductor consumers”, said Kang of Sookmyung Women’s University, with the fear of price increases already sparking iPhone panic buying.
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