THE Philippines faces a significant challenge in its bid to become a new hub for manufacturers leaving China, as it is poised for “intense competition” from Vie

Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington,

Vietnam is intensifying its crackdown on trade fraud and illegal transshipment, primarily focusing on Chinese imports to comply with a U.S. agreement. The country is implementing stricter sanctions and inspections to prevent fraudulent 'Made in Vietnam' labels,

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Vietnam aims to sign more free trade agreements, improve supply chains, and diversify its export markets as it grapples with global uncertainty posed by the US tariff offensive. “The global economy is being impacted by geopolitical competition ...

The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said on Wednesday, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.

Vietnam and the US are said to be close to a trade framework that will see goods given a scaled range of tariffs depending on the percentage of foreign content, according to people familiar with the talks.

Sri Lanka on Thursday welcomed a sharp cut in US tariffs on its exports, but said it would seek further reductions as Washington pushes for trade deals. US President Donald Trump sent letters to seven trading partners on Wednesday setting out new tariff rates that would take effect on August 1 in addition to existing duties.

President Donald Trump's second-term economic plan can be summed up in one word: tariffs. As he unleashed a barrage of those import taxes, markets trembled and business leaders sounded alarms about the economic damage they would cause.