Hardest-Hit Vietnam Risks Losing $25 Billion from US Tariffs, UN Estimates

U.S. tariffs imposed in August risk slashing up to one-fifth of Vietnam's exports to the United States, making it the worst-hit country in Southeast Asia, according to estimates by the United Nations Development Programme.

Vietnam was the world's sixth-largest exporter to America last year with $136.5 billion worth of shipped goods, U.S. trade data show. Those goods are largely produced in factories run by U.S. and foreign multinational companies or their suppliers.

In a worst-case scenario of very high tariff-driven U.S. inflation, the...

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