Trade experts say the impact of the new US-Mexico-Canada Agreement will be modest. Canada and Mexico already represent the top two export markets for US goods.
Vietnam and the European Union signed a free trade deal reducing tariffs on goods of 99 percent traded between the southeastern state and the Union. The deal will boost Vietnams economy by around 5 percent until 2024-2028.
EU Trade Commissioner Cecilia Malmstrom says the US tariffs are "illegal" and contravene World Trade Organization rules. She vows to take retaliatory action to protect European interests and jobs.
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