Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back to the 18th century. Recently they've returned to the spotlight in a big way.

The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.

The Penang chief minister calls for 'creative and effective negotiation strategies' to bring down the tariff rate on Malaysia by half.

US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He sent letters to EU President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum informing them of the new rates, which were also posted on his Truth Social account on Saturday.

President Donald Trump has pledged a 50% tariff against Brazil, a major producer of green coffee beans. That could lead to higher coffee prices.

HO CHI MINH CITY] Tariff-free or not, American sport utility vehicles (SUVs) face a tough road in Vietnam where nearly half of all car sales go to SUVs, as buyers are likely to still favour leaner, fuel-efficient Japanese and Korean models over the bulky and petrol-guzzling US rides.