President Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting unilateral tariff rates.

US President Donald Trump has suggested that he may soon raise tariffs on foreign automobiles to persuade carmakers to build vehicles in the United States.

Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement.

The discussion surrounding tariffs has intensified, particularly during Donald Trump's presidency.

Vietnam’s uneven industrialisation experience reveals the limits of a pro-international trade and pro-FDI strategy, says academic Guanie Lim. To move beyond the role of assembler and connector, it could adopt some of China’s approaches.

Dairy and feed grain access remain sticking points in early deal.

Some overseas Vietnamese firms, such as KD Trading, have boldly imported ST25 rice, helping to boost brand awareness in Canada. Việt Nam has now entered the list of the top five rice exporters to the Canadian market.

Despite holding potential, bilateral trade between Vietnam and Lithuania remains modest, averaging just US$100-150 million annually.

Malaysia has expressed its readiness to negotiate in four key areas: addressing the US’s reported 24.8 billion USD trade deficit with Malaysia, removing non-tariff barriers, strengthening protections for technology and national security, and exploring the possibility of a bilateral trade agreement.

Despite steep US tariffs, Vietnam remains a magnet for foreign investment, particularly in manufacturing and industrial real estate, bolstered by competitive policy incentives, upgraded infrastructure, and its pivotal role in global supply chain diversification from China.