China, U.S. agree on implementing Geneva consensus, building on London framework, Beijing says

China, U.S. agree on implementing Geneva consensus, building on London framework, Beijing says

China’s Ministry of Commerce in Beijing. Visual China Group | Getty Images The U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China’s Ministry of Commerce Friday afternoon. China will review…

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Vietnam reciprocal tariffs reflect trade deficit and ties to China

Vietnam reciprocal tariffs reflect trade deficit and ties to China

The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam.  Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank…

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