Trump’s ineffective pressure campaign on Iran and China

*Ian says PresidentTrump* assumed Iran would “cave” after US and Israeli strikes against its leadership and military capabilities. Instead, Tehran used its leverage over the Strait of Hormuz to force Washington to back down.


“Trump’s two big losses in foreign policy of this administration have been China and Iran,” Ian says, comparing the two and arguing that both show the risks…

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Relax, Panicans: Trump’s Tariffs Are Just Getting Started

MAGA can be a very emotional movement. That passion led to a historic win in 2024 when President Trump carried every single swing state. But it can also have downsides. Unfortunately, when we run into even a little adversity, we are prone to crippling self-doubt and panic. A bad court ruling. A hostile media cycle. […]

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Hungarian companies eye major Gulf expansion as Bahrain rolls out the red carpet – photo gallery

🇭🇺🤝🇧🇭 Hungarian companies are looking to expand their presence in the Gulf after a major business forum in Bahrain brought together industry leaders, investors and government officials.

Continue reading: https://dailynewshungary.com/hungarian-companies-gulf-bahrain/

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Europe’s Supply-Chain Reset Opens a Strategic Window for Emerging Economies

As Europe seeks alternative suppliers and the world invests in backup trade routes beyond geopolitical chokepoints, a new global trade architecture is beginning to emerge—one that could favour manufacturing and logistics hubs across emerging markets from North Africa to Southeast Asia. The shift marks a significant departure from the model that has defined globalisation for […]

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Egypt Launches Trade Intelligence Platform to Drive $100bn Export Ambition

Cairo — Egypt has launched its largest-ever national foreign trade intelligence platform, as the government intensifies efforts to boost merchandise exports to $100bn by 2030, diversify export markets and strengthen the economy’s resilience to external shocks. Inaugurated by Prime Minister Mostafa Madbouly and developed by the Cabinet’s Information and Decision Support Center (IDSC) in…

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Egypt, Uzbekistan Explore Industrial Investment Zones to Boost Trade

CAIRO — Egypt and Uzbekistan are exploring the establishment of industrial investment zones focused on buses, pharmaceuticals, textiles and ready-made garments, as Cairo seeks to attract Central Asian capital and strengthen its role as a regional manufacturing and export hub. Egyptian Minister of Investment and Foreign Trade Mohamed Farid Saleh met Uzbek Foreign Minister Bakhtiyor […]

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Suez Canal Targets $10bn Revenue as Traffic Rebounds 23.6%

Revenue recovery is emerging as the defining theme of Egypt’s Suez Canal strategy after the Suez Canal Authority announced a broad increase in temporary vessel surcharges, including the first additional levy ever imposed on container ships, as Cairo seeks to maximise returns from improving shipping activity and evolving global trade routes. The new measures, effective […]

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From Budapest to Jakarta: Discover your next big business breakthrough at Trade Expo Indonesia 2026

Southeast Asia is no longer a ffuture opportunity: it’s happening now! 🇮🇩 As global supply chains shift, Indonesia is stepping up as a major sourcing powerhouse, and Hungarian businesses are being invited to the table at TEI 2026 in Jakarta.

Continue reading: https://dailynewshungary.com/budapest-indonesia-business-tei-2026/

How trade deficit affecting Vietnam’s foreign exchange flows, currency

Vietnam recorded its first trade deficit in nearly a decade during the first five months of the year, but the impact on the country’s foreign exchange balance and currency has so far remained limited, according to Can Van Luc, chief economist at state-controlled bank BIDV. Vietnam posted a merchandise trade deficit of nearly $14 billion during January-May, marking a sharp reversal from years of…

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Um, What? Trump Says He Loves Inflation

President Donald Trump said he loves inflation.

A new report released Wednesday by the Bureau of Labor Statistics found that the U.S.’s annual inflation rate had reached its highest levels in three years. Later, in the Oval Office, a reporter asked Trump whether the new inflation numbers concerned him. The president presented his own pathetic spin.

“No, I love it. The numbers were great. You…

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Trump Brags About Growing Trade Deficit. Who Wants to Tell Him?

President Donald Trump posted a humiliating economic statistic Tuesday that revealed his kindergarten-level understanding of economics.

Trump wrote on Truth Social that the U.S. trade deficit had “widened by the most in nearly 34 years,” linking an article from six months ago that said that the trade gap had increased 94.6 percent to $56.8 billion after exports tumbled in November. As of April,…

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Warehouses full of fake Gucci, Dior, Hermes goods busted in Vietnam crackdown

Police in Vietnam’s southern Dong Nai City have begun probes into two warehouse owners for allegedly infringing industrial property rights after seizing more than 1,400 counterfeit products bearing luxury brands including Gucci, Louis Vuitton, Burberry and Dior. Dong Nai City police announced on June 9 to open criminal investigation against Vu Van Ha Hieu, 28, and Tran Minh Loc, 34. The case…

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Pentagon Expands Military-Linked List to Include Alibaba, Baidu and BYD

The U.S. Department of Defense has expanded its list of companies it identifies as linked to China’s military-industrial ecosystem, adding major technology and industrial groups including Alibaba, Baidu and electric-vehicle manufacturer BYD in a move that underscores the growing overlap between commercial innovation and national-security competition. The updated “Chinese Military Companies” list,…

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Thai PM Anutin teams up with Thai-Vietnam businesses to drive Asean growth

Prime Minister Anutin Charnvirakul and the Team Thailand delegation arrived in Hanoi, Vietnam, on Monday (June 8), beginning the first mission of his official visit to Vietnam with a meeting with representatives of the Thai Chamber of Commerce and Industry in Vietnam (ThaiCham). Also attending were representatives of Thai private-sector firms doing business and investing in Vietnam, as the prime…

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Orascom Targets East Africa Trade Corridor With New Egypt–Kenya Platform

Orascom Investment Holding is preparing to launch a specialised trade platform linking Egyptian manufacturers with buyers in Kenya, in a move that reflects growing efforts by Egypt’s private sector to deepen commercial ties with Africa and convert regional trade agreements into tangible business opportunities. The platform, branded “Outrovato”, is expected to begin operations next year […]

The…

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Vietnam trade hits record $445 billion, but deficit widens

Vietnam posted a record $445 billion in trade value during the first five months, driven by robust export and import growth, while a widening trade deficit remains an area to watch. According to the National Statistics Office, the country’s trade value reached a record high of $445.12 billion in the first five months of 2026, surging 25 per cent on-year. Exports totalled $215.6 billion, while…

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Vietnam says USTR forced labour conclusion does not reflect its efforts

Vietnam’s foreign ministry said on Thursday that the U.S. Trade Representative’s conclusion that it had ​failed to curb trade in goods made with ‌forced labour does not fully or accurately reflect Vietnam’s mitigation efforts. Vietnam’s policy strictly prohibits any form of forced labour, and it complies ​with the regulations of the International Labour Organization, ​foreign ministry…

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Vietnam posts record trade deficit as US renews tariff risks

Vietnam’s trade deficit widened to a record high as imports surged on rising global raw material prices, while exporters braced for potential new US tariffs. The deficit in May rose to $5.21 billion, according to data released by the National Statistics Office in Hanoi Wednesday. That was well above the median estimate in a Bloomberg News survey for a $3.98 billion shortfall, as well as the…

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