Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington,

The country’s rise as a manufacturing hub has made it a key player in global trade, and a major beneficiary of the “China+1” strategy.

The president said he had agreed to initial trade terms with Vietnam, the second country to strike a limited deal after Mr. Trump threatened steep tariffs.

SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.

The White House is delaying tariffs ahead of the end of the 90-day pause deadline.President Donald Trump is also notifying countries of new tariff rates in the absence of a deal.The April tariff levels were scheduled to kick back in on August 9.

An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.

President Donald Trump unveiled his most sweeping volley of tariffs yet — holding up large charts from the White House Rose Garden to outline new import taxes that the U.S. would soon slap on goods from nearly every country in the world.

P resident Trump is threatening 25% tariffs on Japan and South Korea after months of trade talks have yet to seal a deal. The S&P 500 turned lower in Monday afternoon trading, but investors know there's a good chance this won't be the final word.