Vietnam and the United States have reached an agreement, with tariffs for bass fish and shrimp exports to the U.S. unified at 20%

Published 2025년 7월 3일

Tridge summary

Key Insight: On July 3, 2025, U.S. President Trump announced through his social media platform that the United States has reached a new bilateral trade agreement with Vietnam, which includes imposing a 20% uniform tariff on seafood exports from Vietnam to the United States. This means that Vietnam's key seafood exports to the U.S., such as shrimp, basa fish, and tuna, will be subject to this fixed tax rate.

Original content

According to the agreement, the United States will obtain tariff exemption treatment for the Vietnamese market, while Vietnam promises to impose a 40% transit tariff on re-exported goods to the United States if the origin is a third country. This measure is widely seen as the United States' effort to combat so-called "circumvention transit," especially the practice of certain Chinese products indirectly entering the U.S. market through Vietnam. When implementing the "reciprocal tariff" policy in April, the United States had imposed temporary tariffs of up to 46% on Vietnamese goods, which were later temporarily reduced to 10% during negotiations. After this agreement is implemented, the export tax rate for Vietnamese seafood to the U.S. is fixed at 20%. For export enterprises, although the tariff exemption has not been fully restored, there is substantial relief compared to the previous significant increases. The United States remains Vietnam's largest seafood market The United ...
Source: Foodmate

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