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Prime Minister Anthony Albanese is keeping the focus of his trip to China on trade and business rather than tensions like Taiwan and Beijing’s military expansion.

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Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday.

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The coming months will be crucial for India’s global trade relations, as the government intensifies negotiations with major partners such as the European Union (EU), the United States, and the ASEAN bloc, officials from the Ministry of Commerce and Industry said on Tuesday.

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Claudia Sheinbaum, the President of Mexico, cautioned that the country intends to take strong action against the US if Trump’s new tariff on Mexican imports is not suspended.

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Sweden registered $1 billion in new capital, accounting for 10.8% of all newly registered FDI capital in the period.

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Vietnam's exports recorded an impressive growth reaching US$190 billion in the first 6 months of the year, an increase of about 13.5 percent compared to the same period in 2024.

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Prime Minister Pham Minh Chinh has called on U.S. businesses to continue supporting the Vietnamese government in dialogues with U.S. agencies to soon reach "a reasonable, detailed tariff agreement for individual products and product groups".

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One of the core reasons that helps Vietnamese businesses maintain stability in the face of international fluctuations when the US imposed a 50% tax on imported copper is the orientation of strongly developing the domestic market.

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The European Union (EU) and Mexico have expressed disappointment at US President Donald Trump's threat to impose 30% tariffs on their imports from 1 August.

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The Ministry of Industry and Trade is swiftly formulating criteria for the 'Made in Vietnam' label especially for the local market.

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