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The June 29 truce in the trade war between the United States and China lasted just over one month. Thirty-three days after the presidents of the two countries met in Osaka, Japan, and agreed to resume negotiations, President Trump, frustrated by the slow progress of negotiations, announced that the U.S. would impose a 10% tariff on an additional $300 billion worth of Chinese imports on September 1.
MoreGovernment figures seek to play down predictions of food, medicine and fuel shortages in leaked document.
MoreTensions between Japan and South Korea have been escalating since July 1. Japan has since placed restrictions on three chemicals critical to South Korea's tech industry. Uncertainty exists within ongoing negotiations for the Regional Comprehensive Economic Partnership (RCEP), and the China-Japan-South Korea free trade agreement (FTA).
MoreThe Vietnam Trade Promotion Agency (Vietrade) and the Uruguay’s Investment, Export and Country Brand Promotion Agency (Uruguay XXI) signed a Memorandum of Understanding (MoU) on trade promotion in Hanoi on August 14 in a bid to boost trade cooperation between the two countries.
MoreVietnamese and Polish firms in the food and agriculture sector explored the potential for business expansion at a trade exchange held recently.
MoreThe EU-Việt Nam Free Trade Agreement would provide a big impetus to Việt Nam's exports to the EU and be key to Vietnamese companies penetrating one of the largest and most lucrative markets in the world, experts have said.
MoreThe World Trade Organization (WTO) on Thursday adopted final findings against U.S. duties imposed on a range of Chinese imports, effectively giving Beijing a green light to seek compensatory sanctions.
MoreU.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over $125 billion worth of Chinese imports taking effect Sept 1.
MoreSouth Korea's trade ministry said Friday it plans to clinch new free trade agreements (FTAs) this year, including those with three Southeast Asian countries, in the near future to boost its exports to cope with the growing protectionism around the globe.
MoreWith WTO’s dispute settlement process set to fall apart due to appellate body vacancies remaining unfilled, a parallel arbitration procedure is a must
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