HANOI (Reuters) -Vietnam’s footwear exports to the United States plunged 27% in September to $611 million, marking the steepest decline among all sectors following the implementation of tariffs by the U.S. government, according to customs data released Monday. Textile exports also saw a sharp monthly drop of 20%, while shipments of phones and components fell […]
Business
Vietnam’s footwear exports to US fell 27% in Sept amid Trump tariffs
Audio By Carbonatix
HANOI (Reuters) -Vietnam’s footwear exports to the United States plunged 27% in September to $611 million, marking the steepest decline among all sectors following the implementation of tariffs by the U.S. government, according to customs data released Monday.
Textile exports also saw a sharp monthly drop of 20%, while shipments of phones and components fell by 24.38%, according to the customs.
Despite these sectoral declines, Vietnam’s overall exports to the United States edged down just 1.5% to $13.7 billion in September, cushioned by gains in coffee and machinery exports, the data showed.
(Reporting by Phuong Nguyen; Editing by David Stanway)