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sinkingfeeling

(55,231 posts)
7. And TSF's chart was all lies. Vietnam isn't putting an import tax of 90% on US goods. In fact, they
Wed Apr 2, 2025, 08:50 PM
Apr 2

just lowered them.

https://en.vietnamplus.vn/vietnam-cuts-import-taxes-on-key-goods-ahead-of-us-tariff-announcement-post312690.vnp

On March 31, the Vietnamese Government issued Decree No. 73/2025, amending preferential tax rates on several key imports. Among the notable changes, taxes on goods such as automobiles, wood products, ethanol, frozen chicken thighs, pistachios, almonds, fresh apples, cherries, and raisins have been significantly reduced.

Import taxes on automobiles, for instance, have dropped from 64% to 50% and 45% to 32%, while ethanol taxes have been cut from 10% to 5%. Frozen chicken thighs now carry a 15% tax (down from 20%), and popular items like pistachios, almonds, fresh apples, and cherries have seen reductions from 8–15% to just 5%.

The most striking move, however, is the slash of import taxes on wood and wooden products, including coat hangers, chairs, and furniture, from 20–25% to a uniform 0%.

The decree took effect immediately on March 31.

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