The US trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on America’s largest trading partners.

Vietnam posted a rare monthly trade deficit in February as imports surged during the month, government data showed on Thursday, though the country's surplus with the United States increased in the opening months of 2025.

Vietnamese exporters are seeking strategic solutions to mitigate the impact of potential US tariffs on lumber and forestry products.

The imposition of provisional duties by the Philippine will have a considerable impact on Việt Nam’s cement exports.

Canada has requested consultations with the United States on "unjustified tariffs" at the World Trade Organization, Canada's ambassador to the WTO in Geneva said on Wednesday.

Beijing said Tuesday it had filed a complaint with the World Trade Organization against the United States over President Donald Trump's tariff increases on Chinese goods.

China on Tuesday swiftly retaliated against fresh US tariffs, announcing hikes to import levies covering US$21 billion (RM93.8 billion) worth of American agricultural and food products, moving the world's top two economies a step closer towards an all-out trade war

The Canadian government announced a sweeping package of counter-tariffs against US-made products, after US President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico on Tuesday.

With participation in 19 bilateral and multilateral free trade agreements (FTAs), Vietnamese export goods are gaining access to most potential markets worldwide, gradually establishing Vietnam as a bright spot in the global economy.

The US's imposition of an additional 10% tax on Chinese imports from early March continues to raise concerns about global trade and new challenges, but not without opportunities.