According to recent data from U.S. Customs and Border Protection (CBP), as of April 5, 2024, the United States has collected more than USD 500 million from newly imposed retaliatory tariffs—bringing the total revenue since 2018 to over USD 21 billion.
These tariffs have primarily targeted imports from major trade partners such as China, the EU, India, and more recently, Vietnam. They are part of the U.S. government's broader trade defense strategy, aimed at countering what it deems "unfair subsidization" by foreign exporters and protecting domestic manufacturing industries.
While these measures are intended to safeguard U.S. industries, they have also raised concerns among domestic companies due to increased input costs—especially in sectors like clean energy, semiconductors, and high-tech manufacturing. Numerous American trade associations have voiced opposition, warning that such tariffs could hinder innovation and delay energy transition efforts.
In Vietnam, key export groups—such as solar panels, electronics, and steel—are already facing the ripple effects of these tariffs. Businesses across logistics, manufacturing, and export sectors are closely monitoring developments while seeking to diversify export markets, particularly in the Middle East, Africa, and India.
As geopolitical competition intensifies, global supply chains are undergoing profound realignment. The trend toward supply chain restructuring, FDI reorientation, and technological self-reliance is becoming more pronounced. Vietnamese enterprises must proactively develop long-term strategies to navigate tariff barriers and seize new opportunities created by global shifts—especially by enhancing value-added capabilities within the supply chain.
Source: https://vneconomy.vn/my-cong-bo-tien-thue-thu-duoc-tu-thue-quan-doi-ung.htm
Outside the United States, global demand for Chinese products is hitting new highs. Despite being a major target of U.S. tariffs, China has strengthened its trade relationships across Africa, Southeast Asia, and Europe in 2025. While China cements its role as a global export leader, the U.S. is increasingly shifting its focus toward self-reliance.
The “China +1” strategy, once seen as a temporary plan to diversify production outside of China, has now evolved into a long-term restructuring of global supply chains. Increasingly
Vietnamese food and spice producers are making steady progress in international markets by focusing on “real quality.” By combining authentic local flavors with strict international certifications, they are strengthening their competitiveness and building trust among global buyers.
In the joyful spirit of celebrating Vietnamese Women’s Day on October 20th, Glotrans Vietnam organized a warm and intimate ceremony to express appreciation to all female staff across the system. The event was a heartfelt thank-you to the wonderful women – the “flowers” who contribute to the success and unity of the Glotrans family.
Recently, Glotrans Vietnam organized a warm and joyful birthday celebration for employees born in October across all branches and offices nationwide.
Glotrans Vietnam would like to extend our warmest and most sincere congratulations to all Entrepreneurs, Valued Customers, and Partners — those who have been, are, and will continue to be an endless source of inspiration and driving force for the continuous growth of Vietnam’s economy.
