The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
The U.S. has warned Vietnam that its $123 billion trade deficit is “unsustainable” and urged action against illegal transshipment during ongoing tariff talks. After Washington announced a 46% reciprocal tariff on Vietnamese exports from July, Hanoi sought U.S. help to boost high-tech imports, cut its own tariffs on U.S.-bound goods, and tightened checks on Chinese rerouted products. Prime Minister Pham Minh Chinh confirmed the first negotiation round, and Foreign Ministry spokesperson Pham Thu Hang said Vietnam is pursuing a balanced, sustainable trade relationship.
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Armenian Prime Minister Nikol Pashinyan defended the U.S.-brokered peace accord, saying it's “not a zero-sum game” and a step toward regional cooperation benefiting all, including Russia and Iran.
In a Fox News interview, President Ilham Aliyev said Azerbaijan’s transit deal with Armenia is “not against anyone” and marks the “final step toward peace,” while also addressing the 2024 downing of AZAL Flight 8243, demanding accountability and full compensation.
At least 34 people have been confirmed dead and more than 200 remain missing after sudden, heavy rainfall triggered flooding in Indian-administered Kashmir, officials said on Thursday — the second such disaster to hit the Himalayan region in just over a week.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
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In recent months, the U.S. and Russia have engaged in crucial diplomatic talks, despite rising tensions over Ukraine, nuclear arms, and cybersecurity. What’s behind these meetings, and why do they matter?
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Protests against Serbia’s ruling Serbian Progressive Party (SNS) intensified on Thursday night, with demonstrators demolishing party offices in Novi Sad with clashes with police and party supporters in Belgrade.
The Panama Canal Authority will begin consultations with companies in the first quarter of next year to launch a competitive tender for the construction and operation of two new ports within its zone, a source involved in the preparations said Thursday.
The Scottish National Party (SNP) urged the UK government to immediately recognise a Palestinian state after Israel’s far-right finance minister announced plans to expand settlements in the West Bank, undermining the prospect of a two-state solution.
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