Why did tiny Vietnam face Donald Trump's ire as the country was imposed 46% tariffs on Liberation Day? Here's the reason

US President Donald Trump has imposed a 46% tariff on Vietnam, affecting a range of industries including apparel, footwear, furniture, and toys. Major companies like Nike and Adidas are likely to face increased costs, which could lead to higher prices for consumers. Vietnam has become a key manufacturing hub, and the tariffs will impact its role in global supply chains.