Following threats from Washington, the EU agreed to a 15% tariff on most of its exports to the US, including cars. European winemakers, however, are not happy with the trade deal.

Vietnam’s trade activities remained vibrant in the first half of August 2025, with total import-export turnover exceeding US$40.36 billion, according to preliminary data released by the Department of Customs under the Ministry of Finance.

Vietnamese businesses are eager to learn from India’s technological solutions, experience, and modern governance practices to pursue green development and digitalisation, said a Vietnamese official.

Việt Nam remained Singapore’s 10th largest trading partner in the first seven months of 2025, with two-way trade totaling S$23.1 billion (US$17.97 billion), up 26.1 per cent year-on-year.

Many international exhibitors at fashion shows are concerned about the possibility of the US increasing import tariffs, which would increase costs, reduce profits and disrupt global supply chains.

The imposition of China's 75.8% anti-dumping tariff on Canadian canola seed in August 2025 has ignited a geopolitical and economic firestorm, reshaping the trajectory of Canada's $45-billion canola industry.

The Trump administration has quietly expanded its 50% steel and aluminum tariffs to include more than 400 additional product categories, vastly increasing the reach and impact of this arm of its trade agenda.

Following the US tariff announcement on July 31, 2025, Vietnam is actively pursuing a favorable trade deal with the US by implementing reforms and enhancing its trade network, while also advocating for recognition as a market economy to alleviate high anti-dumping duties.

It seems to have come as a shock, however, for entrepreneurs and experts, it is a turning point that could help Vietnamese enterprises strengthen their resilience, restructure their value chains, and gradually assert their position in the global marketplace.

As the text of a trade agreement comes together, European Union negotiators haven’t persuaded the Americans to cut alcohol tariffs to zero.