Importers of HS 4202.12 (trunks, suitcases, vanity cases and similar containers) from Vietnam actually paid 28.68% on the taxed portion of the value in 2026-06 — 28.64% across everything shipped, taxed or not. Measured from official duty receipts, not the rulebook: the statutory MFN base rate on this code is 20%. Over the window the rate on the taxed portion moved 17.8% → 28.68%, with the largest single step -6.5pp in 2026-03. Measured from official US duty receipts · as-of 2026-06 · confidence: measured, not modelled. The HTS base rate is 20% — importers actually paid 28.68%, so the trade-war overlay added 8.7 pts, measured at the border (not a summed rulebook estimate). Reproduce exactly: tariff_story(hs: "4202.12", origin: "Vietnam") · see it at trimtabist.com/tariffs
HS 4202.12. The schedule base rate is 20%; importers from Vietnam actually paid 28.68% on the dutiable value in 2026-06 — the trade-war overlay added 8.7 points, measured at the border. Measured, not modelled.
Over the window the collected rate moved 17.8% (2023-07) → 28.68% (2026-06), largest single step -6.5pp in 2026-03.
Vietnam's lower duty (28.64% vs 47.98%) lets it price up to 15% above China at the factory and still match on duty-inclusive customs cost. But on the LATEST measured prices, China actually lands cheaper — $3.29/kg vs $7.41/kg (duty in, freight out).
All goods from Vietnam · the whole tariff ledger · 5 CBP rulings cite this code · reproduce: tariff_story(hs: "4202.12", origin: "Vietnam") via /connect. Not customs or legal advice.