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Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears

HANOI: Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.

Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears

Tesla and Samsung, along with other businesses, oppose the potential new US tariffs on Vietnamese goods as a trade probe deadline approaches. The Trump administration has set a Nov 29 deadline to conclude a trade probe launched in May over alleged intellectual property violations in Vietnam. However, businesses argue that the tariffs could disrupt supply chains, as Tesla noted the difficulty in sourcing advanced components and precision manufacturing equipment domestically.

Additionally, industry groups representing steel, seafood, plywood, solar panels, and wood products accuse Vietnam of unfair practices and call for new tariffs.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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