| Ryuu96 said:
Am I an idiot or is that not just a 20% tax on Americans? Lol. Also Vietnam roads aren't built for America's massive cars so they ain't importing shit when it comes to SUVs.
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Yes, that means 20% US tax on Switch 2 consoles shipped from Vietnam. And double the tax if companies send goods to Vietnam before reloading them onto a ship to the US.
Vietnam has a high import tax on cars (not from Asia), 0% tariff won't change anything.
Well maybe a little, it was 15% or less before Trump.
Last published date: 2024-01-30
In addition to significant drops in tariff rates when Vietnam first joined the WTO in January 2007, tariffs have decreased steadily over the ensuing years. Thus, most U.S. exports now face tariffs of 15% or less.
Import duties on vehicles from ASEAN countries, particularly Thailand and Indonesia, are currently 0% due to trade agreements. However, vehicles from other countries, like those in Europe or the US, may face duties ranging from 32% to 70% or higher. In addition to import duties, there are other taxes like Special Consumption Tax (SCT) and Value Added Tax (VAT) that significantly increase the final cost of imported cars.
So Trump got duped again lol. Art of the kneel.
And yeah have fun with your American SUV in there.
