Details are sketchy at this stage, but a draft joint statement obtained by Politico claims that lower tariffs will apply to a range of Vietnam's exports to the US, including tech roducts, footwear, agricultural commodities and consumer products including toys. The US and Vietnam will "establish favorable rules of origin" of each other's imports to reduce transshipment, Vietnam will address non-tariff barriers such as intellectual property enforcement and "provide preferential market access" for both agricul ...

14 April 2025 The evolution of trade Economics 50+ charts on how supply chains are reconfiguring Global trade has gone through some major structural shifts over the years and with supply chains squarely in focus amid sweeping US tariff announcements, further reconfiguration is inevitable. As will be obvious to readers, we cannot write about how trade flows have evolved without focusing in on China. A decade ago, China was involved in 13 out of the top 30 goods import corridors. Today, that number is 17. In ...