This is the amount of taxes that the US Supreme Court ruled last month were collected illegally.

US Trade Representative Jamieson Greer said the country expects to complete a series of trade investigations within the next five months.

President Donald Trump said the US will impose different tariffs on different countries, after the US Supreme Court rejected the legal basis for the previous tariffs.

The Ho Chi Minh City Department of Industry and Trade predicts that many import-export sectors will be affected by the conflict in the Middle East and has issued recommendations for businesses.

Supply chain disruptions, from the Covid-19 pandemic to current conflict hotspots, have exposed the vulnerabilities of the world's dependent economies. In this context, building a strategically self-reliant economy and mastering key supply chains is a development choice that will help Viet Nam stand firm against global fluctuations.

Escalating conflict in the Middle East is creating mounting pressure on the global economy, with rising energy prices and supply chain disruptions posing potential challenges for Viet Nam.

The free trade agreement between the European Union (EU) and the South American bloc of Mercosur states – Argentina, Brazil, Paraguay and Uruguay – has been provisionally approved despite a pending review by the EU Court of Justice, according to a 28 February report by Deutschland.

The European Union is treading a fine line with plans to introduce 'Made in EU' rules for the bloc's auto industry, seeking to revive local manufacturing without damaging relations with major trading partners.

President Donald Trump’s regime of large-scale tax increases on imports as well as generalized inflation gains created headwinds for U.S. small businesses last year, a Federal Reserve report released on Tuesday said.

European Union companies are coping well with higher U.S. tariffs on EU goods, but report problems with selling their products within the bloc itself due to fragmented rules and regulations, a European Investment Bank survey showed on Tuesday.