Vietnamese exporters are urged to strengthen their defences against trade remedy investigations while seizing opportunities from growing global demand.

Vietnam faces trade volatility with a new Trump presidency, officials and supply chain experts told Reuters, as the country could benefit from increased U.S.-China trade tensions but may also become "collateral damage" of U.S. protectionist measures.

China has lodged a formal complaint with the World Trade Organization (WTO), protesting the European Union's decision to impose anti-subsidy tariffs on Chinese electric vehicles (EVs).

The European Biodiesel Board (EBB) announced that the Court of Justice of the EU (CJEU) had rejected an appeal lodged by two Indonesian exporters against a judgement delivered by the European General Court in December 2022.

Vietnam is considering restricting its VND 1million (approx €36 or $40) low value consignment relief. This exempts from VAT parcels imported from Vietnam destined for consumers.

Protectionist measures and high import tariffs have caused costs to rise in a number of industries

India's Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duties on PVC resin imports from seven countries, including China and the US. The DGTR found that these countries were selling PVC resins below market value, harming Indian manufacturers. If enacted, the duties could reach up to USD 339 per tonne.

India imposed anti-dumping duty on certain steel pipes and tubes from Vietnam and Thailand. The duty will last for five years. The government acted on a complaint by Indian steel producers. The producers said that Vietnamese and Thai companies were selling these products at very low prices in India. This hurt their business. The duty ranges from $246 to $307 per metric tonne.