President Biden may rescind some Trump administration tariffs on Chinese products, a move that would hurt U.S. workers and businesses, increase our already crippling trade deficit with China, and squander Washington’s negotiation leverage with Beijing over intellectual-property theft, threatening American security interests.

Vietnam’s fine art ceramic exports during the first half of the year soared by 6.5% to US$375.59 million on-year as local exporters optimised the opportunities of the EU-Vietnam Free Trade Agreement (EVFTA), according to details given by the General Department of Vietnam Customs.

Europe has surpassed Asia to become the top consumer of American oil for the first time in six years.

After implementation of a free trade agreement, India's exports to the UAE rose by 16.22 per cent to $837.14 million during May-June this year, sources said on Friday. Exports during the same period of the previous year stood at $720.31 million.

Vietnamese businesses have been enjoying breakthrough growth thanks to exportation through e-commerce exports.

Vietnam, where demand for food safety is growing, especially among high-end retailers and Japanese exporters, is working to increase the transparency of production history for buyers with expertise from Japan.

Finance Minister Ho Duc Phoc has had a working session with Secretary-General of United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan, and Director General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal, as part of the activities in his working visit to Switzerland.

Trade revenue between Vietnam and the UK is expected to reach US$10 billion in the next one or two years thanks to strong support from the Vietnam-UK Free Trade Agreement (UKVFTA).

In the first six months of 2022, fertiliser export turnover surpassed the figure posted for the whole of 2021.

Central bankers around the world are lifting interest rates at an aggressive clip as rapid inflation persists and seeps into a broad array of goods and services, setting the global economy up for a lurch toward more expensive credit, lower stock and bond values and - potentially - a sharp pullback in economic activity.