Geneva, Dec. 4 -- The World Trade Organisation (WTO) on December 3 released its annual Trade Monitoring Report, with Vietnam among 46 members actively providing data for the assessment of global trade developments.

The report notes that between mid-October 2024 and mid-October 2025, new tariffs and other import measures affected 2.64 trillion USD worth of global merchandise imports, equivalent to 11.1% of total imports and more than four times higher than the previous period's 611 billion USD, marking the highest level in more than 15 years. On the export side, the measures impacted around 2.966 trillion USD of trade, over three times the 888 billion USD recorded a year earlier.

Alongside this trend, WTO members and observers also intro...