US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success.

American consumers are on the cusp of tough choices because of President Donald Trump’s trade war.

Smaller companies say costs of Rachel Reeves’s tax rises led to them lay off more workers in April

U.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the trade war.

This marks the 7th time the Government leader has chaired an exclusive meeting to seek solutions to the US's new tariff policy, following key directives from the Party Central Committee, the Politburo, and Party General Secretary To Lam.

The ministry received the notification from the EC’s DG-MARE in early May, which requested Vietnam to submit a progress report on implementing the EC’s recommended improvements before September 15. The commission will dispatch a team to the country in late 2025 if the report demonstrates sufficient advancements.

Vietnam is rapidly emerging as a vital hub for electronics manufacturing as businesses seek cost-effective production sites with strong trade connections. However, US tariff threats could have significant implications for Vietnam’s electronics industry, presenting both challenges and opportunities for the sector.

Fresh policies are being called for so that exporters can diversify their export markets and make supply chains more transparent.