by Abhinav Anand | Apr 23, 2025 | News
Vietnam is currently Samsung’s main production hub, where it makes around 60% of the 220 million smartphones it sells each year. Many of these phones go to the US, which is Samsung’s second-biggest market. But rising trade tensions and the risk of new tariffs have...
by Binay Konwar | Apr 10, 2025 | News
The president of the United States, Donald Trump, has imposed heavy tariffs on several countries, including Vietnam. As a result, it will cost Samsung a lot more to import phones to the US from Vietnam. Since the high tariffs will reduce profit margins, Samsung is...
by Sumit Adhikari | Apr 7, 2025 | News
Samsung may soon breathe a sigh of relief if the US and Vietnam reach a new trade agreement. The Vietnamese government has proposed eliminating tariffs on US imports on the condition that the Trump administration does the same for Vietnamese exports. If the deal goes...