INTERNATIONAL TRADE BULLETIN – May 27, 2025

1. U.S. and EU Launch Fast-Track Trade Negotiations

Following a temporary suspension of the 50% tariff plan, President Donald Trump and EU leaders agreed to enter a six-week accelerated negotiation process aimed at a comprehensive trade pact.

2. Japan Raises Alarm Over U.S. Tax Policy

The Japanese government expressed serious concerns, calling the new American tax policies a potential “national crisis,” as 20% of Japanese exports are destined for the U.S. (NPR)

3. ASEAN Reveals Economic Integration Plan

The Association of Southeast Asian Nations (ASEAN) unveiled a strategic plan to strengthen internal trade, optimize supply chains, and foster regional economic resilience. (U.S. News)

4. Vietnam and Japan Boost Economic Cooperation

A bilateral trade forum took place in Osaka, highlighting commitments to elevate trade and investment between Vietnam and Japan. (moit.gov.vn)

5. Binh Phuoc Province Signs Cooperation Agreement with Dezhou, China

The Vietnamese province of Binh Phuoc and Dezhou City (China) signed an MoU to promote cross-border trade and economic collaboration. (binhphuoc.gov.vn)

6. Financial & Commodity Market Movements

• USD continues its decline due to U.S. fiscal instability.

• Global silver prices dropped 0.59%, with domestic markets following suit.

• Rubber prices fell in Japan and China, while slightly rising in Thailand.

7. Other Trade Developments

• U.S. state governments actively pursue foreign trade missions to offset federal tax measures.

• The federal government ordered agencies to terminate contracts with Harvard University, causing concern across academic and innovation sectors. (BNN, Bloomberg)

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