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Canada and Israel have signed a modernized free trade agreement (FTA).

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Việt Nam always considers the Japanese business community a leading strategic partner in the process of restructuring its economy, as well as in improving the growth, quality and competitiveness of the country, said State President Trần Đại Quang at the Việt Nam Investment Promotion Conference in Tokyo on May 31.

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The United States on Thursday said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exemption and potentially setting the stage for a trade war with some of America’s top allies.

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Israel and Canada signed a new free trade agreement on Wednesday.

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In the wake of the disruption of trade rolling out of Washington, the European Union is accelerating its drive to lock down as many import-export agreements as it can. In recent months, the bloc has completed deals with Japan and Singapore, updated an agreement with Mexico, authorized talks with Australia and New Zealand, and made progress with the Common Market of the South, the South American trade bloc known as Mercosur.

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Talks between China and Sri Lanka for a free trade agreement have hit major hurdles, mainly because Beijing will not agree to Colombo’s demand for a review of the deal after 10 years, Sri Lanka’s top negotiator said.

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Vietnam’s fruits and vegetables export has seen impressive growth, bringing home foreign currencies over the past decade

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State media reacts defiantly after White House’s suggestion that it could still impose tariffs on US$50 billion of Chinese goods

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Imports of materials for garment and footwear industries from Canada saw a tremendous growth of 179.8% to US$11.8 million in the first four months of this year, according to the statistics from the General Department of Vietnam Customs.

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The White House has taken aggressive new steps in its effort to reduce a $337bn trade deficit with China, announcing that it will impose a 25% tariff on $50bn of Chinese goods containing “industrially significant technology”.

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