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Vietnam's Deputy Prime Minister Nguyen Van Thang has signalled Hanoi's willingness to engage in constructive trade talks with the United States, seeking to break a months-long impasse over a reciprocal tariff agreement and address American concerns about illicit goods routing.
Yemen's Houthis attacked a commercial vessel in the Bab al-Mandeb Strait on Tuesday, killing six people and injuring ten others. The incident underscores escalating maritime tensions in a crucial global trade route.
Despite extensive product exemptions keeping near-term tariff impacts modest, OCBC warns that ongoing US trade investigations and geopolitical tensions threaten Southeast Asian exporters' medium-term outlook.