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June 4, 2025

Jessica Jumaway

Vietnam’s export sector continues to demonstrate strong momentum, with May exports rising 14% year-over-year, according to the latest government data. This robust growth contributed to a significant trade surplus of $4.67 billion for the month, underscoring Vietnam’s expanding role in global trade.   The export surge reflects efforts by Vietnamese firms to optimize shipments ahead […]

June 3, 2025

Jessica Jumaway

The United States and India are making steady progress toward finalizing a major trade agreement that could significantly enhance economic cooperation between the two nations. Speaking at the US India Strategic Partnership Forum in Washington, the US Commerce Secretary shared optimism that a mutually beneficial deal may be reached soon.   Ongoing negotiations focus on […]

June 3, 2025

Jessica Jumaway

Vietnam’s automotive sector is regaining momentum in early 2025, with rising vehicle sales and growing consumer confidence setting the stage for greater trade engagement. According to the Department of International Trade Promotion (DITP) through its Office of Commercial Affairs in Hanoi, the Vietnamese auto market is showing clear signs of recovery, offering promising export prospects—particularly […]

June 3, 2025

Jessica Jumaway

The United States has confirmed plans to raise tariffs on nearly all imported steel and aluminum to 50%, effective Wednesday. The move is aimed at enhancing national industrial capacity and safeguarding domestic producers across key manufacturing sectors.   According to the recent presidential proclamation, the tariff increase seeks to counter the continued influx of low-cost […]

June 3, 2025

Jessica Jumaway

Taiwan continues to maintain active and close communication with the United States regarding ongoing tariff discussions, according to a recent statement from the island’s government.   Recognized globally as a hub for advanced semiconductor production, Taiwan has played a vital role in strengthening global supply chains. In April, the U.S. government announced a temporary 90-day […]

June 2, 2025

Jessica Jumaway

China’s manufacturing sector is undergoing a period of adjustment, reflecting evolving global trade dynamics and signaling opportunities for recalibration and resilience in international commerce.   According to the Caixin/S&P Global manufacturing Purchasing Managers’ Index (PMI), the reading for May stood at 48.3—slightly below the growth threshold but indicative of proactive shifts within the industry. While […]

June 1, 2025

Jessica Jumaway

 High-level discussions between the United States and China are expected to resume soon, as both countries seek to resolve trade concerns surrounding critical minerals, according to senior officials.   U.S. Treasury Secretary Scott Bessent confirmed over the weekend that President Donald Trump and Chinese President Xi Jinping are preparing for a call aimed at addressing […]

June 1, 2025

Jessica Jumaway

South Korea’s Ministry of Trade, Industry and Energy has announced proactive steps to address the upcoming 50% U.S. tariff on imported steel products. The government is committed to minimizing disruption to its domestic steel industry through continuous dialogue and trade negotiations with Washington.   The tariff hike, set to take effect this Wednesday, marks a […]

May 30, 2025

Jessica Jumaway

China’s manufacturing sector continues to show resilience and adaptability amid a shifting global landscape, with the May Purchasing Managers’ Index (PMI) projected to rise to 49.5, up from April’s 49.0, according to a Reuters poll. While still just below the neutral 50-point mark, the improvement highlights gradual progress and the economy’s ability to respond positively […]

May 30, 2025

Jessica Jumaway

In a notable step toward strengthening transatlantic trade ties, Germany and the United States are engaged in constructive and transparent discussions focused on tariff matters. These ongoing talks reflect a spirit of cooperation and mutual understanding, which is essential in today’s evolving global trade landscape.   According to recent updates, the dialogue has been described […]