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AssessmentsJul 3, 2025 | 20:29 GMT
Vietnam's Foreign Ministry spokesperson Pham Thu Hang answers reporters' questions about the new Vietnam-U.S. trade deal during a press conference in Hanoi on July 3, 2025.
The Vietnam-U.S. Trade Deal Reduces Tariffs, but the Devil Is in the Details
The U.S.-Vietnam trade deal lowers headline tariffs, but the lack of key details leaves major uncertainty around specifics and enforcement aspects that could reshape investment and squeeze exporters across China-linked and Southeast Asian supply chains. On July 2, U.S. President Donald Trump announced a trade deal with Vietnam in which the United States will impose a 20% tariff on Vietnamese imports and a 40% tariff on goods transshipped through Vietnam -- a measure clearly targeting Chinese goods shipped through Vietnam. The agreement was announced just days ahead of a self-imposed July 9 deadline that could have seen the United States place a 46% tariff on Vietnamese goods. As a part of the deal, Trump said that Vietnam would eliminate all tariffs on imports of U.S. goods. However, the Vietnamese government has not yet released details or legal text on such plans, and Vietnamese officials have stated that negotiations around finer
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United States
China
Vietnam
Economics
Global Trade
AssessmentsJul 3, 2025 | 13:00 GMT
A Map of U.S. Naval Assets
U.S. Naval Update Map: July 3, 2025
The Naval Update Map shows the approximate current locations of U.S. Carrier Strike Groups (CSGs) and Amphibious Ready Groups (ARGs), based on available open-source information. No classified or operationally sensitive information is included in this weekly update. CSGs and ARGs are the keys to U.S. dominance over the world's oceans. A CSG is centered on an aircraft carrier and includes significant offensive strike capability. An ARG is centered on three amphibious warfare ships, with a Marine Expeditionary Unit embarked.
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United States
Tracking U.S. Naval Power
SnapshotsJul 2, 2025 | 20:34 GMT
Tibetan spiritual leader the Dalai Lama looks on as offerings presented by Buddhist followers are laid on a table during a Long Life Prayer offering ceremony at the Main Tibetan Temple in McLeod Ganj, near the Indian city of Dharamshala, on June 30, 2025.
Dalai Lama's Succession Plan Revives Tibet Issue for China and the West
The Dalai Lama's succession plans threaten to revive reputational risks for Western companies operating in China and could eventually open the door to a more violent confrontation between Beijing and a subset of the Dalai Lama's followers, which would harm China's relations with India and the West. On June 2, the spiritual leader of Tibetan Buddhism, the Dalai Lama, said to a group of followers at a celebration of his birthday in the Indian city of Dharamshala that he planned to reincarnate after his death and that he had set up a non-profit group, the Gaden Phodrang Trust, that would have full authority to identify and proclaim his successor. An official with the Gaden Phodrang Trust said his successor could be of any gender and any nationality, but the head of the Tibetan government-in-exile, Penpa Tsering, cited the Dalai Lama as saying he would be reborn in "a free world,"
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China
Military & Security
Politics
Social Issues
Quarterly ForecastsJun 30, 2025 | 00:00 GMT
2025 Third-Quarter Forecast
The third quarter of 2025 will be defined by disruptive trade policies fueling supply chain volatility and the persistent risk of escalation in major conflicts.
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SnapshotsJun 27, 2025 | 20:19 GMT
A photo shows the national flags of Mercosur countries waving in the wind.
The Mercosur Summit Will Focus on Advancing Tariff Autonomy and Trade Deals
The upcoming Mercosur summit will likely advance two key initiatives: increasing member state autonomy on tariff decisions and progressing new free trade agreements amid the rise of U.S. protectionism. On July 2-3, Buenos Aires will host the 66th meeting of Mercosur's Common Market Council (CMC) and presidential summit. Discussions will focus on the April 11 agreement reached by Mercosur foreign ministers to temporarily expand the number of imported goods each member country is allowed to exempt from the bloc's Common External Tariff (CET). Until December 2028, the five members of the South American trade bloc (Argentina, Brazil, Paraguay, Uruguay and Bolivia) will be allowed to apply their own unilateral tariffs on 150 items, up from the previous 100 items. This will, in turn, give Mercosur nations more flexibility in managing their foreign trade policies, including by potentially negotiating narrow tariff-free deals with countries outside the bloc without violating Mercosur rules.
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Argentina
Bolivia
Brazil
Paraguay
Uruguay
Economics
Global Trade
Situation ReportJun 26, 2025 | 20:21 GMT
U.S., Mexico: Treasury Restricts U.S. Business With Three Mexican Financial Institutions Accused of Cartel Financing
The U.S. Treasury Department identified Mexican banks CIBanco and Intercam and brokerage company Vector Casa de Bolsa as being of primary money laundering concern in connection with illicit opioid trafficking over alleged laundering of millions of dollars for cartels, according to a June 25 Treasury press release.
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Mexico
United States
Economics
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