How Trump’s tariffs on Vietnam might affect US businesses | BBC News

US President Donald Trump has placed a 46% tariff on all goods imported to the US from Vietnam, causing worries for some US businesses and consumers.

About half of Nike and 39% of Adidas trainers are made in Vietnam, and Samsung also has significant production operations in the country.

Vietnam has been hit with a 46% tariff on goods it wants to import to the US. So a pair of trainers that cost £114 before the tariffs, will now face an import cost of £146.

The exact price at a retail store will depend on how much of the cost Nike – or any firm importing to the US – decides to pass on to the customer.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#US #BBCNews