Following the announcement of President Donald Trump’s shocking 46% reciprocal tariff rate on Vietnam, I wanted to get a quick initial reaction from return guest Kyle Freeman, a Partner at Dezan Shira & Associates who leads the International Business Advisory team and the firm's North American client services desk in Asia.
Kyle was on the show in January when the trade situation between Vietnam and the U.S. appeared to be much warmer. With the caveat that this is a very fluid situation, we discussed the tariff announcement, why Vietnam got hit so hard, and what we might expect moving forward.
Editor’s note: In the episode, there’s a mention that the tariff rate imposed on Vietnam is the second-highest of any country. It is the fourth-highest.
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