On May 29, 2026, after designating Vietnam as a Priority Foreign Country (PFC) in the 2026 Special 301 Report released on April 30, U.S. Trade Representative Jamieson Greer officially initiated an investigation into Vietnam under Section 301 of the Trade Act of 1974.

On April 15, 2026, the Vietnam Chamber of Commerce and Industry (VCCI) submitted its comments to the USTR. VCCI affirmed that manufacturing and business practices in Vietnam do not involve systemic overcapacity, nor is there any evidence of forced labor in the production of export goods as concerned.

Countries are working to close the gap between the U.S. and India to extend a global agreement not to impose tariffs on electronic transmissions.

The US imposing a temporary import tariff of 15% is causing disruptions to the investment environment, supply chains, and production and export activities, including those in Viet Nam.

The European Parliament has backed a position on proposals to cut tariffs on US-based ‘industrial’ goods, a measure that could extend to certain oversized shipments – but on the strict understanding that the United States reciprocates similar concessions.

The International Trade committee adopted its position on Thursday on two proposals implementing certain tariff aspects of the EU-US Turnberry trade deal.

Britain will lower its tariff-free quota on imported steel and double the tariff on imports exceeding that quota, the government said on Thursday, launching a plan to protect its small but strategically and politically sensitive steel sector.

Starting in June, China will tighten management of imported food registration under new regulations, increasing safety controls while still facilitating businesses that already have a registration code.

China is becoming a “factory to the factories,” ramping up its exports of industrial components like smartphone parts, processors, memory chips and lithium-ion batteries, destined for final assembly in economies like Southeast Asia.

European Union (EU) lawmakers took a key first step towards implementing a trade deal with the United States (US), put on hold after the Supreme Court struck down many of President Donald Trump’s tariffs.