US Imposes Significant Tariffs on Vietnam, Switzerland, and Indonesia

The United States government has announced new tariffs targeting imports from three nations, significantly altering trade conditions for Vietnam, Switzerland, and Indonesia.

Goods imported from Vietnam will now face a 20% tariff, Swiss products will be subject to a 39% duty, and Indonesian exports to the U.S. incur a 19% charge.

These measures take immediate effect and cover a broad range of commodities, impacting bilateral trade flows with the affected nations.