During the recent G20 gathering in Rome, the Biden administration celebrated revisions to trade restrictions imposed by the Trump administration on steel and aluminum imports from China, Europe and most of the rest of the world. But before grabbing confetti and champagne, we should acknowledge that the change will ultimately strengthen participating governments’ hands with importers and exporters. It’s not a return to the more open market economy that was present earlier.

The convoys carrying import and export goods in the area of Hai Phong port, or Mong Cai and Hoanh Mo border gates (Quang Ninh) have been seen recently when localities implemented Resolution 128/NQ-CP of the Government on temporarily regulating "safe adaptation, flexibility, and effective control of the Covid-19 pandemic" (Resolution 128).

Trade remedies should be utilised more and in a more effective way to ensure fair competition and protect domestic production in the context of Vietnam’s deeper integration into the global economy through joining more free trade agreements (FTAs), according to experts.

A statement released on behalf of members of a group that requests tariffs be levied against a handful of Chinese-based solar manufacturers said they were “disappointed” by a Commerce Department decision to reject its petitions. This occurred after the group held firm in its decision to keep its makeup hidden from the public.

Despite difficulties brought by COVID-19, Vietnam’s farm produce exports to Australia enjoyed positive growth, gradually conquering one of the most challenging markets in the world.

India has been using anti-dumping duties effectively to resist cheap imports affecting local manufacturers. Besides anti-dumping duty, the government has also started calibrating basic customs duty. 

The United States announced Friday that it would open negotiations with Japan to reduce tariffs on aluminum and steel imports. This has been a persistent problem in bilateral trade relations.

For the first time last year, Vietnam accounted for more than 10 percent of the world’s footwear exports after growing five-fold since 2011.