US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success.

Smaller companies say costs of Rachel Reeves’s tax rises led to them lay off more workers in April

U.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance to tone down the trade war.

This marks the 7th time the Government leader has chaired an exclusive meeting to seek solutions to the US's new tariff policy, following key directives from the Party Central Committee, the Politburo, and Party General Secretary To Lam.

There are many reasons why the US runs persistent trade deficits – a strong dollar is but one of them.

Trump rejects China’s demand of lowering 145% tariff to get them to negotiating table.

President calls films ‘national security threat’ and claims he called on commerce department to immediately enact tariff

US President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.

Vietnam faces more challenges than opportunities because of U.S. tariffs but will still aim to meet its target of at least 8% growth this year, the Prime Minister said on Monday, ahead of the start of trade talks with Washington later this week. The Southeast Asian economy, which is heavily reliant on exports for growth, is facing a 46% tariff if a reduction cannot be negotiated before a U.S. moratorium expires in July.

The ministry received the notification from the EC’s Directorate – General for Maritime Affairs and Fisheries (DG-MARE) in early May, which requested Vietnam to submit a progress report on implementing the EC’s recommended improvements before September 15. The commission will dispatch an inspection team to the country in late 2025 if the report demonstrates sufficient advancements.