These apparel stocks could be hit the hardest by the 46% Vietnam tariff

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On Thursday, Goldman Sachs analyst Brooke Roach discussed the impact of the U.S. reciprocal tariffs on retail companies. On April 2, President Trump announced reciprocal tariffs, including a 10% hike on all countries except Mexico and Canada, with higher rates for select nations with trade deficits. The most significant retail impact is expected from increased tariffs on major sourcing partners like Vietnam, Indonesia, Bangladesh, and Cambodia, …

These apparel stocks could be hit the hardest by the 46% Vietnam tariff

The 46% tariff on Vietnam is expected to affect these apparel companies that moved to the country to avoid trade tensions with China.

The South East Asian country is among those hardest hit by the new US tariffs. It took 50 years for the archenemies to find each other through trade. What's the next step?

US announces a hefty 46% reciprocal tariff on Vietnam; how will it impact you?

Vietnam's Prime Minister Pham Minh Chinh said that he would make a dedicated task force to deal with this situation correctly. He also said that tariffs would not reflect a good relationship between the two nations, as reported by state broadcaster Vietnam Television

The United States imposing a 46 percent reciprocal tariff on Vietnam is scientifically unjustified and unfair as the two countries' economies are not directly competitive.