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U.S. tariffs raise import costs for China and Vietnam

The total customs value for fruit and vegetable imports is reported at $54.03 billion for 2024. Following the announcement of US reciprocal tariffs on April 2, 2025, the import costs are projected to increase. These tariffs will adjust the final customs value, with some countries facing higher costs due to increased tariff rates.

China will encounter a 34% tariff, adding $466.9 million to its import costs, raising the total customs value from $1.37 billion to $1.84 billion. Vietnam will experience a 46% reciprocal tariff, resulting in a $690.3 million increase, bringing the total from $1.5 billion to $2.19 billion. Guatemala, Chile, and Peru, subject to a 10% tariff, will see their import costs increase by $187.6 million, $164 million, and $169 million, respectively.

© Mintec/Expana

Under the US- Mexico- Canada Agreement (USMCA), Canada and Mexico will continue trading without additional tariffs on qualifying goods, maintaining competitive pricing in the US market.

These tariff adjustments may elevate consumer prices and influence sourcing strategies for US importers. With North and South America as major suppliers, varying tariff levels could affect trade relationships, potentially altering supply chains as producers explore cost-effective alternatives.

Source: Mintec/Expana