VOV.VN - The pepper sector is facing growing challenges despite a surge in export prices, as the US is set to raise tariffs on Vietnamese pepper from the current 10% to between 25% and 30% in the third quarter, according to the Vietnam Pepper and Spice Association (VPSA).

High export prices helped the pepper export value remain positive in the first quarter of 2025, despite a decrease in export volume, however, with the US announcing base and reciprocal tariffs on imported goods, exporters are concerned about facing significant losses in the coming time.

VOV.VN - Vietnam exported a total of 219,387 tonnes of pepper for US$1.1 billion over the past 10 months of the year, down 1.9% in volume but up 48% in value, the Vietnam Pepper and Spice Association (VPSA) has unveiled.