Business · Malaysia Bureau
Tesla, Samsung urge US to reconsider Vietnam tariffs as probe deadline looms
Major technology companies are pushing back against potential new US tariffs on Vietnam as the Trump administration prepares to conclude a trade investigation into alleged intellectual property violations. The administration has set November 29 as the deadline to complete its probe launched in May.
LSN Malaysia ·
Tesla and Samsung are among multinational corporations opposing increased tariffs on Vietnamese imports, citing concerns about the impact on their supply chains and operations in the Southeast Asian nation. The companies have submitted positions ahead of the US trade investigation's conclusion, scheduled for late November.
The Trump administration initiated the trade probe in May over allegations that Vietnam has engaged in intellectual property violations and unfair trading practices. The investigation, conducted under US trade law provisions, could result in tariffs or other punitive measures against Vietnamese exports to America.
Vietnam has emerged as a critical manufacturing hub for global technology companies seeking alternatives to Chinese production. Any new tariffs would potentially raise costs for US importers and consumers, and complicate supply chains that companies have spent years developing in the country.
The November 29 deadline represents a critical juncture in US-Vietnam trade relations. Industry stakeholders are now engaged in intense lobbying efforts to influence the administration's final determination on whether to impose tariffs and at what levels they might be set.