Vietnam's trade associations are strategizing for potential shifts in U.S. tariff policies under President Donald Trump, which could affect various industries, including wood, textiles, and footwear. As the country continues to strengthen its trade ties with the U.S., industry leaders emphasize the importance of strategic adjustments to maximize opportunities while mitigating risks.

The U.S. remains a key partner for Vietnamese wood exports, with imports of U.S. hardwood surpassing $300 million in 2024. Vietnamese officials are optimistic that this strong relationship will continue despite possible tariff changes. Similarly, the textile and footwear sectors are bracing for potential disruptions but are encouraged to diversify markets and expand investment partnerships to offset the effects of tariff hikes.

Trade representatives also highlighted the fruit and vegetable sector, which faces a trade deficit with the U.S. Despite this, they see opportunities for growth, especially with shifting global supply chains. Industry leaders are urging local firms to improve product quality, meet international standards, and reduce logistics costs to compete more effectively in the U.S. market.

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