The ITC’s statistics showed that Việt Nam exported about US$23 million worth of the products to the US in 2023.

As one of the world’s largest free trade agreements (FTAs), the Regional Comprehensive Economic Partnership (RCEP) is increasingly asserting its role as a pillar of the global trading system, especially at a time when geopolitical instability and protectionist trends are on the rise.

The US’s decision to impose high tariffs on a range of Vietnamese exports, including wood products and furniture, is pushing the country’s timber industry to swiftly recalibrate its strategies to sustain growth.

When people talk about Pakistan’s trade partners, Vietnam usually doesn’t make the list.

The Trump administration is weighing a plan to impose tariffs on imported electronic devices based on the number of semiconductor chips they contain, three people familiar with the matter said, a move that could reshape global supply chains and raise prices for everyday consumer goods.

Europe braces for further damage if products containing metal, such as windows and doors, are added to rolling list.

In an open letter to Ursula von der Leyen, German exporters warn of a 17.4% export slump, looming job losses and urge enforcement of the 15% EU-US tariff cap before October 1.

President Donald Trump’s sweeping new tariffs on pharmaceutical imports will spare countries that already have drug provisions in trade agreements with the United States, a White House official confirmed Friday, offering relief to the European Union and Japan, according to Bloomberg.

At the regional level, ASEAN continues to support the rule-based multilateral trading system with the WTO principles as core.

The European Union's long-anticipated anti-deforestation regulation (EUDR) has once again hit a roadblock. While momentum toward deforestation-free supply chains remains strong, the regulation's rollout has created considerable uncertainty.