A U.S. trade agreement reached with Indonesia in July is at risk of collapsing because Jakarta has backtracked on several commitments it made as part of the deal, a U.S. official said on Tuesday.

The US government has collected billions of dollars from President Trump's tariffs this year.

Viet Nam’s exports to Canada have maintained strong growth momentum, despite the Northern American country’s macroeconomic pressures, including high inflation, a weakening Canadian dollar (CAD), and a volatile labour market.

Viet Nam's seafood exports to Japan are recovering. In the first 11 months of 2025, the turnover increased by 11% over the same period; in November 2025 alone, it reached 161 million USD, up 9%; in 11 months, it reached nearly 1.6 billion USD and could set a new record this year.

Southeast Asian ports, particularly those in Viet Nam and Malaysia, are experiencing strong growth amid shifts in the global trade landscape triggered by additional tariffs on Chinese goods imposed by US President Donald Trump, according to Singapore-based maritimefairtrade.org.

Viet Nam’s total export-import turnover is projected to reach US$900-920 billion in 2025, bringing the country closer to the world’s top 15 nations by overall trade scale.

As global consumers shift to prioritizing convenient, safe and sustainable products, Vietnamese seafood is adapting quickly by upgrading the value chain and promoting deep processing.

Vu Duc Giang, Chairman of the Viet Nam Textile and Apparel Association (VITAS), attributed the 2-billion-USD gap to persistent global headwinds in 2025, including new US tariffs triggered by escalating US-China trade friction, subdued demand in the US and EU, and late-year typhoons that halted factories and snarled domestic logistics.

The most significant impact on Viet Nam's rice exports comes from the Philippines, which accounts for nearly 40% of Viet Nam's rice exports.

China's trade surplus topped $1 trillion for the first time as manufacturers seeking to avoid President Donald Trump's tariffs shipped more to non-U.S. markets in November, with exports to Europe, Australia and Southeast Asia surging.