Trump's 46% Reciprocal Tariff on Vietnam
Trade Imbalance as a Percentage
U.S. Imports from Vietnam (2024): ~$136.6 billion
U.S. Exports to Vietnam (2024): ~$13.1 billion
Trade Deficit: ~$123.5 billion
The U.S. might have simply rounded this up to 90% to make a stronger rhetorical or political point.
The 90% figure is not a real tariff, and it's not based on any official duty rate Vietnam imposes on U.S. goods. It's more likely a rounded trade imbalance ratio used for political messaging.
Using this formula:
Trade Imbalance as a Percentage
U.S. Imports from Vietnam (2024): ~$136.6 billion
U.S. Exports to Vietnam (2024): ~$13.1 billion
Trade Deficit: ~$123.5 billion
The U.S. might have simply rounded this up to 90% to make a stronger rhetorical or political point.
The 90% figure is not a real tariff, and it's not based on any official duty rate Vietnam imposes on U.S. goods. It's more likely a rounded trade imbalance ratio used for political messaging.
Using this formula:
12 days ago
(E)
