Southeast Asian nations have long expanded exports by attracting foreign companies, but now face the need to upgrade their own industrial capacity amid the destabilisation of the global trade order triggered by US President Trump’s tariffs.

Once focused solely on exports, the pangasius industry now aims to win over Vietnamese consumers to boost sustainability.

According to the Việt Nam Association of Seafood Exporters and Produces, the US’ decisions on declining to acknowledge Việt Nam’s equivalence to 12 seafood harvesting methods affect key export products such as tuna, mackerel, lobster, crab, squid, grouper, swordfish, snapper, mullet and billfish.

According to preliminary statistics from Vietnam's Customs Department, as of August 15 this year the country's shrimp exports to China (including Hong Kong) surged by up to 76% over the same period last year, reaching nearly 767 million USD and accounting for nearly 29% of the country's total shrimp export turnover.

The European Union (EU) is very unlikely to impose crippling tariffs on India or China, the main buyers of Russian oil, as US President Donald Trump has urged the bloc to do, EU sources said.

Mexico plans to impose tariffs of as much as 50% on cars and other products made by China and several Asian exporters, aligning the country more closely with US protectionism, as Mexican President Claudia Sheinbaum prepares for talks over North America’s free-trade deal.

In 2024, Vietnam boasted over 58 pangasius farms meeting ASC standards, producing more than 210,000 tonnes annually for export to 61 countries.

The U.S. wants to expand its energy ties with Greece, Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to further reduce Russia's oil and gas supplies to Europe.

Mexican President Claudia Sheinbaum on Thursday said her government was not looking for a conflict with countries on which it plans to increase tariffs, including China.

In addition to rice, Indonesia is resolute in prohibiting imports of corn and table sugar in 2025, and is determined to optimise domestic production through pro-farmer policies in pursuit of food self-sufficiency.