Announcing the deal with Vietnam last week, Trump said that the US will instead impose a 20 per cent tariff on Vietnamese goods. A higher rate of 40 per cent will apply on any goods from Vietnam it considers to have been ‘trans-shipped’ – i.

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,

"Deeply regrettable" is how Japanese Prime Minister Shigeru Ishiba has described US President Donald Trump's latest tariff threat - a 25% levy on Japanese goods. Tokyo, a long-time US ally, has been trying hard to avoid exactly this.

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 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 ...

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,

Tariffs are impacting the global market.The Trump administration announced a tariff deadline extension for countries to strike a deal with the U.S. as most trad

MSC Mediterranean Shipping Company has emerged as the first major liner operator to withdraw capacity from the transpacific, where freight rates continue to fall. The Swiss liner operator is to “temporarily” suspend the Pearl service connecting Vietnam and China with the US.

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's garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump's administration's 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals.

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures,