By Francesco Guarascio (Reuters) -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,

US President Donald Trump sent a letter to President Ferdinand “Bongbong” Marcos Jr. informing the latter that he is imposing a higher tariff rate of 20% on Philippine goods imported to America despite earlier negotiations to lower the initially announced duty of 17% in April.

Philippines may be “less affected” by US President Donald Trump’s decision to slap a 20 percent tariff on all Philippine exports, although uncertainty surrounding the policy is likely to weigh on investor sentiment and delay growth-related decisions.

The notices bring the total number of countries Trump has hiked tariffs on this week to 21. The higher rates are slated to take effect on August 1.

Vietnamese Prime Minister Pham Minh Chinh and China's Premier Li Qiang have agreed to boost trade and investment ties between the two countries during a meeting on the sidelines of the BRICS summit in Brazil,

Global Ship Lease is seeing ‘tremendous demand’ for its smaller ships as customers seek flexibility amid tariff uncertainties.

Coffee prices are on the rise after President Donald Trump announced a sweeping 50% tariff on imports from Brazil, the world’s largest coffee producer, sending a shock through global commodities markets and setting off fresh volatility in futures trading.

The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said on Wednesday, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.

Shipments in America flat, surge across ROTW ahead of Win 10 support cutoff Tariff uncertainty caused by US President Donald Trump still hangs over the PC industry despite manufacturers navigating a "complex regulatory maze" to avoid being in the firing line over import taxes when the shooting begins.

But the main reason for the weeks of seemingly tariff-free calm we’ve enjoyed was Trump’s decision to announce a 90-day pause in his entirely voluntary trade war with the entire world. The problem? These 90 days are now up, and we are about to witness the return of more tariff chaos.