South Korea's President Lee Jae Myung stated that his administration is working hard to secure a trade deal with the US ahead of July 8, when fresh country-specific levies are set to be imposed. He acknowledged the challenges and expressed uncertainty about meeting the deadline, saying both sides have not clearly defined their goals for the negotiations. The talks focus on a 25% country-specific tariff that has been suspended until next week, following sector levies already imposed on steel and car exports.
https://channelnewsasia.com/east-asia/south-korea-president-lee-jae-myung-trade-deal-trump-tariffs-us-5217846Indian Prime Minister Narendra Modi congratulated Ghana on its growing international profile, including its term on the UN Human Rights Council and the election of Ghana's Foreign Minister as Commonwealth Secretary-General. The two countries signed four Memoranda of Understanding (MoUs) on a Cultural Exchange Programme, cooperation between Indian and Ghanaian standards authorities, and joint commission meetings to review bilateral cooperation mechanisms. This is PM Modi's first ever bilateral trip to Ghana and his first Prime Ministerial visit to the country in three decades.
https://www.lokmattimes.com/international/strong-india-will-contribute-to-more-stable-prosperous-world-pm-modi-in-historic-address-at-ghana-parliament/Indian Prime Minister Narendra Modi outlined plans for deeper ties with Ghana, highlighting a major rail project financed by the India Export-Import Bank and expanding diplomatic and business presence. He welcomed the establishment of a parliamentary friendship society and agreed to deepen security and mining ties with President John Mahama. Modi's visit marks his first to Ghana in three decades, as he seeks to strengthen economic and political relations with Africa, particularly against China's dominance.
https://www.brecorder.com/news/40370949/modi-pushes-further-india-africa-cooperation-on-ghana-visitUS President Trump's trade deal with Vietnam aims to reduce tariffs on American goods, including large-engine cars, in exchange for preferential market access for US products. The agreement is seen as a political boost for Trump, who has struggled to close deals with major trading partners like India and Japan. The Vietnamese government confirmed the deal through a joint statement, but details on specific tariff levels remain unclear, leaving room for further discussion.
https://www.malaymail.com/news/world/2025/07/03/trump-softens-tariff-blow-for-vietnam-with-new-20pc-rate-and-trade-deal/182614Countries around the world are racing against time to reach trade deals with the US before July 9, when steep tariffs will be imposed, potentially causing a global economic slowdown. The Trump administration has struggled to secure agreements, with only two deals in place - one with the UK and a newly announced deal with Vietnam. China has agreed to scale back its trade war with the US, but a broader agreement is challenging due to Beijing's efforts to expand its influence and compete with the US as a global superpower. The US will send letters to countries that fail to reach agreements, citing examples like Japan, which Trump claims won't take American rice despite having a massive shortage.
https://krcgtv.com/news/nation-world/a-week-before-deadline-trade-deals-have-been-difficult-to-come-by-for-the-us-liberation-day-reciprocal-tariffs-trade-deficit-national-security-review#Vietnam has avoided the highest US tariffs, but a new deal with the US may provoke China. The agreement includes a minimum 20% tariff in return for opening its market to US products, while goods passing through Vietnam will face a 40% tariff to circumvent steeper trade barriers. This "transshipping" practice is seen as a provocation by Beijing, which has warned it would respond if deals harm Chinese interests. The deal's impact on Vietnam's economy and China's response are uncertain, with some experts predicting potential losses of up to a quarter of Vietnamese exports to the US.
https://www.malaymail.com/news/world/2025/07/03/vietnam-avoids-46pc-us-tariff-under-new-trade-deal-but-beijing-warns-against-targeting-china/182739Chinese Foreign Minister Wang Yi met with EU's foreign affairs chief Kaja Kallas in Brussels, stating that China and the EU should not be seen as opponents due to differences or seek confrontation over disagreements. Wang emphasized that none of Europe's current challenges are caused by China. In contrast, Kallas described China as "not our adversary", but noted a strain on security relations between the two parties ahead of their meeting.
https://channelnewsasia.com/east-asia/china-eu-should-not-seek-confrontation-foreign-minister-wang-5217786Chinese Foreign Minister Wang Yi emphasized the importance of multilateralism, free trade, and peaceful dispute resolution during his meeting with European Commission President Ursula von der Leyen in Brussels. He stated that China supports European integration and is willing to develop partnership relations with the EU, deepen trade and economic cooperation, and strengthen mutual openness. Wang Yi also expressed hope that the EU would adopt a rational and pragmatic approach towards China, citing the EU's ability to act as a "stabilizing force" in the world.
https://www.fakti.bg/en/world/983145-wang-yi-in-brussels-china-has-never-caused-problems-for-europe-we-expect-the-sameChinese Foreign Minister Wang Yi warned his EU counterpart Kaja Kallas against "confrontation" during their meeting in Brussels, urging Beijing to focus on cooperation rather than differences. Wang stressed that China is not the cause of Europe's security challenges and emphasized the need for mutual respect between the two sides. He also sought to counterbalance US influence by positioning China as a steady counterweight, while discussing global issues such as climate change and Ukraine with European Commission chief Ursula von der Leyen and Belgian counterpart Maxime Prevot.
https://www.victoriaadvocate.com/news/nation/china-eu-should-not-seek-confrontation-fm-wang/article_78796278-2a5a-57bb-b55d-330aad733eeb.html