In the context of globalization and fierce competition, trade policies of major powers can have profound impacts on supply chains and production and export activities. One typical example is former US President Donald Trump's strong tariffs on Chinese goods, which contributed to reducing the US trade deficit by 2,800 billion USD in just 4 years. This story provides many strategic perspectives for Vietnamese enterprises, especially the non-ferrous metal industry - a sector that is heavily dependent on international trade.

Most aluminum and steel sold into the US will be subject to tariffs that will double from June 4, as announced last week by US President Donald Trump.

US manufacturing fell for a third straight month as import tariffs disrupted supply chains and pushed up input costs.

White House Economic Adviser Kevin Hassett said last weekend that three trade deals were ready to be presented to US President Donald Trump.

Deputy Prime Minister Nguyen Chi Dung said that Kioxia Group should take advantage of the opportunity to soon invest in the semiconductor sector in Vietnam.

The US president said the country is moving towards making big things like military equipment and technology, instead of sneakers and T-shirts.

After negotiations last weekend, the United States and China agreed to temporarily suspend a portion of retaliatory tariffs for 90 days and significantly reduce overall import taxes.