Importers of HS 4202.32 (of reinforced or laminated plastics) from Vietnam actually paid 21.24% on the taxed portion of the value in 2026-06 — 21.23% across everything shipped, taxed or not. Measured from official duty receipts, not the rulebook: the statutory MFN base rate on this code is 12.1¢/kg + 4.6%. Over the window the rate on the taxed portion moved 5.98% → 21.24%, with the largest single step -7.9pp in 2026-03. Measured from official US duty receipts · as-of 2026-06 · confidence: measured, not modelled. Collected 21.24% against an HTS base of 12.1¢/kg + 4.6%. Reproduce exactly: tariff_story(hs: "4202.32", origin: "Vietnam") · see it at trimtabist.com/tariffs
HS 4202.32. The schedule base rate is 12.1¢/kg + 4.6%; importers from Vietnam actually paid 21.24% on the dutiable value in 2026-06. Measured, not modelled.
Over the window the collected rate moved 5.98% (2023-07) → 21.24% (2026-06), largest single step -7.9pp in 2026-03.
Vietnam's lower duty (21.23% vs 44.45%) lets it price up to 19.2% above China at the factory and still match on duty-inclusive customs cost. But on the LATEST measured prices, China actually lands cheaper — $9.03/kg vs $13.49/kg (duty in, freight out).
All goods from Vietnam · the whole tariff ledger · 8 CBP rulings cite this code · reproduce: tariff_story(hs: "4202.32", origin: "Vietnam") via /connect. Not customs or legal advice.