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U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva, who just hosted the bloc's annual summit.

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After nearly a year of investigation, Vietnam has decided to officially impose anti-dumping duties on imports of hot-rolled steel from China to protect domestic production against mounting pressure from cheap imports.

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MITI said the decision to impose the duties, in the form of a bank guarantee and ranging from 3.86 to 57.90%, was made after preliminary investigations found sufficient evidence that these imports were brought into Malaysia at dumped prices.

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Prime Minister Narendra Modi's talks with Malaysian Prime Minister Anwar bin Ibrahim at the BRICS summit highlighted the review of the ASEAN-India Free Trade Agreement (FTA).

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On July 2, 2025, the United States and Vietnam reached an important trade agreement that brings significant changes to their economic relationship.

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U.S. President Donald Trump on Monday ramped up his trade war telling 14 nations, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline of August 1.

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The United States has announced new tariffs for over half of the member states of the Association of Southeast Asian Nations, China's largest trading partners, which analysts said is a calculated escalation of Washington's efforts to reconfigure global supply chains away from Beijing.

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The agricultural sector’s export revenue reached 33.5 billion USD in the first half of 2025, up 14.3% over the same period last year.

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Vietnam will soon sign an agreement with Indonesia to boost long-term rice shipments, the Vietnamese government said on Tuesday in a statement, after exports plunged in the first half of the year.

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Marking three decades of diplomatic relations, Vietnam and the United States are witnessing unprecedented growth in bilateral trade, fueled by deepening economic ties and a comprehensive strategic partnership.

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