The new partial trade deal with Beijing fails to address Chinese subsidies, one of the top concerns of the Trump administration and the impetus for starting a trade war, and it will be difficult to ease U.S.–China tensions if the issue of state subsidies remains unresolved, according to experts.

South Korea and Japan will hold a second round of talks later this month at the World Trade Organization (WTO) regarding a dispute over Japanese export restrictions.

Vietnam wants to enhance co-operation with South Africa, Deputy Prime Minister Vuong Dinh Hue has said.

The ongoing trade war between the United States and China is harming both economies, the UN said on Tuesday (Nov 5), with a sharp drop in exports and higher prices for consumers.

Vietnam was expected to reap gains from the US-China trade spat, but the opposite is happening, says Vu Tien Loc, an MP and chairman of the VCCI.

China and France signed contracts totaling $15 billion during a visit by President Emmanuel Macron, a Chinese government official told a news briefing on Wednesday.

Vietnam had taken concrete steps in the fight against illegal, unreported and unregulated fishing (IUU) based on the European Council's (EC) recommendations, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien. 

China and the US are expected to wrap up their phase-one trade agreement soon, a step towards ending the year-long trade dispute and stimulating the global economy, experts and business leaders said.

The damages awarded, in a document released Friday on the Geneva-based organizations' website, are the third highest in WTO history.

The deal, which may be signed later this month by Trump and Chinese President Xi Jinping at a yet-to-be determined location, is widely expected to include a U.S. pledge to scrap tariffs scheduled for Dec. 15 on about $156 billion worth of Chinese imports, including cell phones, laptop computers and toys.