President Donald Trump this week extended his “Liberation Day” tariff pause again and sent nearly a half dozen letters to trading partners announcing new tariff rates for their countries. The higher tariffs would kick in on Aug.

That new tariffs are on the way is less important than their final shape. The problem is, nobody seems to know what that will be.

Vietnam and the US are said to be close to a trade framework that will see goods given a scaled range of tariffs depending on the percentage of foreign content, according to people familiar with the talks.

Vietnam is moving swiftly to diversify its export markets and reduce economic dependence on the US after the US-Vietnam trade agreement announced on July 4, 2025, imposed steep new tariffs.

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

US apparel imports from China have plunged dramatically since April – and fashion companies plan further reductions.

THE Philippines faces a significant challenge in its bid to become a new hub for manufacturers leaving China, as it is poised for “intense competition” from Vie

Sri Lanka's garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump's administration's 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals.