Vietnam will continue reciprocal trade negotiations with the United States to secure the most favourable commitments for Vietnam, aiming toward a comprehensive trade agreement.

A former Harvard dean unpacks what the new US tariffs mean for Vietnam's global trade future.

The US expects to largely complete negotiations with countries that have yet to secure a trade deal by the end of October, Nikkei Asia reported, citing an interview with Treasury Secretary Scott Bessent.

China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, the Financial Times reported on Sunday.

New Zealand Prime Minister Christopher Luxon has conceded the government is unlikely to win a reduction in the tariff rate the US has applied to New Zealand goods.

As the United States slaps a 20 per cent countervailing tariff on Vietnamese exports, concerns loom over the policy's implications for Vietnam's growth trajectory.

Vietnamese exporters are bracing for new U.S. tariffs, but many had already prepared strategies to cope before the measures took effect.

Team Thailand has successfully negotiated a reduction in the US reciprocal tariff from 36% to 19%, which officially took effect at midnight on August 6.

The recent US decision to impose a 15 per cent tariff on Jordanian exports has drawn considerable attention in economic circles.

The move comes after Washington paused its "reciprocal tariffs" for almost four months to allow countries to negotiate trade deals with the US.