The US Department of Commerce (USDOC) announced duties of more than 400 percent on steel imports from Vietnam, surprising many observers, and prompting concerns among foreign investors about the potential for more tariffs in the future.

The European Union is ready to scrap duties on key US industrial exports to prevent more taxes on its car sales to the United States, German Economy Minister Peter Altmaier said in an interview out Sunday.

China said on Monday it will impose anti-dumping duties on some stainless steel products imported from the European Union, Japan, South Korea and Indonesia. 

Commerce ministers of 16 countries including India and Japan which are negotiating the mega free trade agreement RCEP will hold a crucial meeting in Beijing next month to iron out differences and push the negotiations forward, an official said

Canada and the European Union are close to agreeing on a possible temporary solution to a U.S. block on appeals in disputes at the World Trade Organization, Prime Minister Justin Trudeau said on Thursday.

U.S. and Chinese officials will speak on Thursday, potentially paving the way for in-person trade talks to resume, U.S. Treasury Secretary Steven Mnuchin said on Thursday, as the world’s two largest economies seek to end a year-long trade war.

SOUTH Korea's Trade Ministry urged Japan on Friday to accept its request for another round of talks over Tokyo's tighter export controls, which are seen threatening global microchip and smartphone display supply chains.

Vietnamese Ambassador to the Czech Republic Ho Minh Tuan and President of the Czech Chamber of Commerce (CCC) Vladimír Dlouhý on July 17 discussed measures to boost bilateral cooperation in economics, trade and investment after the EU-Vietnam Free Trade Agreement (EVFTA) was signed on June 30.

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said. 

The successful negotiations and signing of the free trade agreements with big partners will heighten Vietnam’s image in the world stage, creating a new push for the economic growth in the long term, Minister of Industry and Trade Tran Tuan Anh has said, refering to the trade deals recently inked with the EU.