One of the major factors impacting export trends is the limited supply of raw materials, particularly those caught by domestic fishing fleets.

US President Donald Trump on Thursday threatened to slap a 200% tariff on all wines and other alcoholic products coming out of Europe if the European Union does not scrap its planned tax on American whiskey.

US goods due to be affected from 1 April include bourbon whiskey, jeans and Harley-Davidson motorbikes

Wood businesses are closely monitoring market developments to swiftly craft solutions in response to volatile tariff policies on a global scale.

The US is implementing tariff policies directly impacting exporting countries, including Vietnam. In this context, proactive response measures are necessary. Businesses must develop contingency plans for increased tariffs or supply chain disruptions.

Indonesia has taken a significant step to protect its domestic nylon film industry by imposing anti-dumping import duties on nylon film from China, Thailand, and Taiwan

For the wood industry to develop sustainably, in addition to meeting regulations on origin, businesses need to invest in technology and expand exports to new markets.

Donald Trump threatened on Wednesday to escalate a global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president.