The upcoming ‘upgrade’ to the ASEAN-China Free Trade Area (ACFTA) 3.0 – set to be signed in October 2025 – is expected to be a ‘game changer’ for businesses wishing to enter the Chinese market as the new pact will focus on the digital, green economies and supply chain cooperation.

Following Britain, China has struck a trade deal with the US, President Donald Trump has announced. Meanwhile, the EU is still pondering its way out of tariff hell, and US officials make clear it is back of the line.

Vietnamese seafood exports may stay at the US$10 billion mark this year in the best-case scenario, provided the US removes reciprocal tariffs on Vietnamese goods after July 9, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The trade war triggered by US tariff policies is expected to persist, causing businesses to adopt a “wait and see” approach, several Thai experts have said.

By translating their Comprehensive Strategic Partnership, established last year, into concrete initiatives, Vietnam and Malaysia could drive regional growth, reinforce ASEAN centrality, and advance shared peace and prosperity.

Big Take podcast explores the implications of a potential trade deal for US-China relations and the impact on each nation's global roles and economic dynamics moving forward.

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.

The minister called on the USABC and the US business community continue to support Vietnam in the process of negotiating a reciprocal trade agreement with the US, and coordinate to promote the investment and business potential and opportunities in Vietnam to US partners.

FTA exploitation should not be limited to export promotion but instead focus on developing an industrial strategy that leverages the strengths and complementarities of FTA partners.

The World Bank on Tuesday agreed with President Trump’s complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.