It’s become a familiar strategy in Southeast Asia. Companies from China, coveting the American market but blocked by tariffs, do an end run.

Myanmar’s military government said it remains upbeat on reaching a deal with the US to see a decrease in Trump’s new tariffs of 40% on goods from the Southeast Asian country.

The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland.

The trade deal reached last month between the US and Japan was “win-win” for both countries, but implementing the terms of the pact may be a bigger challenge than reaching the deal, Japanese Prime Minister Shigeru Ishiba said.

When he began his trade war, President Donald Trump said his goal was to bring American jobs and manufacturing back to the US, reduce trade deficits and create a more level playing field for American companies competing globally.

On July 31, 2025, the White House released a new Executive Order signed by President Trump, further modifying reciprocal tariff rates on imports from many countries.

President Donald Trump just set new tariffs for every country around the world, solidifying his extreme break with America’s long-standing trade policy.

Taiwan's president and his cabinet said on Friday 20% U.S. tariffs will be "temporary" and the government will continue to advocate for reasonable tariff rates as they complete the final stage of negotiations.

President Donald Trump said he extended Mexico’s current tariff rates for 90 days to allow more time for trade negotiations with the US’ southern neighbor.

As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.