Local operator Saif Powertec Ltd is currently operating the port's New Mooring Container Terminal

But in Vietnam's northern industrial Bac Ninh province, Chinese businesses that AFP interviewed -- most of whom are linked to the export supply chain -- said investors were hesitating and anxiety was widespread.

Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in EU

The United States was Vietnam's biggest export market in the first three months of the year.

Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked if Washington was talking to Beijing.

The European Union Chamber of Commerce in Bangladesh (EuroCham) urged the interim government to avoid discrimination against companies based in the bloc as Bangladesh weighs up substantial trade concessions for the United States.

Just 37% of respondents to the six-day poll approve of Trump's handling of the economy

The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.

The fierce trade war between the world's top two economies has rattled markets and raised fears of a global recession.

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 percent, adding that he would set the terms of a deal if Beijing did not enter talks

Georgieva said they wanted the IMF to provide more technical assistance to countries grappling with high debt levels.

The IMF projected Bangladesh’s GDP growth at 3.76% for FY25

With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the US president will try to remove the country's top banker that many fear could hammer already fragile market confidence.

Held meeting with officials of foreign companies, introduced dedicated emergency contact line

As part of those changes, the government has also lowered the threshold at which parcels to individuals require formal entry processing by US Customs -- down to $800 from $2,500 as of April 5.

The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.

The fresh gas price hike has become a major challenge for local industries at a time when they are at risk of experiencing a fall in exports to the US due to the new Trump tariffs, a trade expert said today.

The trade war has all but frozen the mammoth trade between the world's two largest economies with tariffs over 100% in each direction and a suite of trade, investment and cultural restrictions.

Silicon Valley semiconductor star Nvidia and its US rival Advanced Micro Devices (AMD) expect big financial hits from new US licensing requirements for semiconductors exported to China, they notified regulators this week.

The American and European aerospace giants have grappled with higher expenses for primary materials such as titanium, components and energy, as well as overall labor cost pressures.