The Thai Cabinet convened a special meeting on August 1 to approve a draft trade statement between Thailand and the US.

The US government’s 20% tariff on Vietnamese exports is straining the textile and seafood sectors by raising costs and reducing competitiveness, but industry leaders remain hopeful as businesses can adapt through operational optimisation and market diversification.

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.

This situation requires close and synchronized coordination among ministries, industry associations, the business community, and especially Vietnam's network of trade offices abroad.

This grassroots synergy — powered by digital platforms, complementary industries and cultural affinity — has fueled a robust partnership between the two countries.

Vietnam’s handicrafts have emerged among the country’s top ten high-value export products with presence in 163 countries and territories, heard a trade forum in Hanoi.

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.

Seafood producers and exporters in Việt Nam are being urged to overhaul their approach to the domestic market, moving away from viewing it as merely a fallback for surplus exports and instead embracing it as a fundamental pillar of long-term business strategy.

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.