Will US tariffs on Vietnam affect coffee and pepper exports?

Pepper exports to the US. When the US imposed taxes on other countries, Vietnamese pepper and coffee exporting enterprises said they were not worried because their US partners informed them that the tax rates were all 'free', meaning zero - Photo: T.THUONG

On April 3, speaking with Tuoi Tre Online , Mr. Phan Minh Thong, Chairman of the Board of Directors of Phuc Sinh Joint Stock Company, said that the American partner had just sent an exchange related to the US imposing taxes on other countries.

Notably, Vietnamese pepper and coffee exported to the US both have a tax rate of 0.

"The partner submitting the 5th Amendment to the US Harmonized Tariff Schedule 2025, roasted or unroasted coffee, or decaffeinated coffee, and coffee substitutes containing coffee in any form, are subject to a "free" export tax rate, meaning no tax is levied.

And the same goes for pepper exports to the US, everything is almost free. As a pepper and coffee exporter, when I receive information from my US partner, I have nothing to worry about," Mr. Thong emphasized.

According to Mr. Thong, exports to Europe, Germany, Japan, and Middle Eastern countries have grown well thanks to tariff incentives and high demand for sustainably developed, deeply processed products.

To reduce risks from international trade policies, Mr. Thong said that Vietnamese businesses need to proactively seek new markets to create new business opportunities.

“The international market is volatile, businesses also need to have flexible response plans. Instead of making business plans monthly or yearly, switch to weekly or even daily plans. And always be alert to fluctuations in commodity prices when coffee and pepper prices increase sharply, war, shipping costs fluctuate even more…”, Mr. Thong added.

Meanwhile, Mr. Phan Dinh Quan, director of EZ Shipping Company Limited (Hanoi), said that on the morning of April 3, 2 containers of agricultural products of the company left the port.

Mr. Quan said: “When the US imposed taxes on other countries, customers were confused and did not know what to do. But the customs declaration was completed and everything was ready, so the goods “set sail”. The goods had to drift at sea for about 30 days before arriving in the US. At that time, the partners of both sides would negotiate with each other about the new tax rate.”

The US imposes taxes on other countries, Vietnam's reciprocal tax rate is 46%, agricultural products will be directly affected.

Talking to the Southern leader of the Ministry of Agriculture and Environment, this person said that the US imposes taxes on other countries, in which Vietnam's reciprocal tax rate is 46%, agricultural products will be directly affected.

"But each item will have a different tariff rate, the tax rate for shrimp is different from the tax rate for fish. And according to coffee and pepper exporting businesses, the current "free" export tax rate, meaning no tax, may also be correct. Because businesses and American partners interact with information 24/7, related to bills of lading and the interests of both parties," he said.

To deal with the US imposing tariffs on other countries, while negotiations are still ongoing, this person also believes that the current solution for Vietnamese agricultural products is to improve productivity, quality, and reduce costs to compete with other markets; expand agricultural exports to other markets, and avoid dependence on one market...

Read more Back to Topics

Back to topic

NEGOTIATION

Source: https://tuoitre.vn/my-ap-thue-viet-nam-co-anh-huong-xuat-khau-ca-phe-va-tieu-20250403203712708.htm