Experts see US President Donald Trump's recent tariff hikes on Canada, Mexico, and China as the start of his administration's trade policies, with potential for broader tariffs.

Việt Nam’s agricultural, forestry and fishery exports hit a five-year high in the first two months of 2025, according to data released by the Ministry of Agriculture and Environment on Tuesday.

Aquatic exports surged 18.2% to more than US$1.4 billion on year in the first two months of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Among Canada’s top 10 trading partners, Vietnam remains its 7th largest import partner.

The Trade Remedies Authority of Việt Nam urged businesses to continue monitoring the export and import of plywood products to prevent illegal transhipment and the misrepresentation of Vietnamese origin.

China announced tariffs on over US$2.6 billion (RM11.5 billion) worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by US President Donald Trump's tariff threats.

President Donald Trump said tariffs on Mexico and Canada could go higher than a 25% rate imposed earlier this week, injecting further uncertainty into trade policies that have rattled markets and left businesses on edge.

US President Donald Trump on Friday railed against what he called tremendously high Canadian tariffs on dairy and lumber, and said his administration could soon impose reciprocal tariffs on Canadian products.