“Trump has put pressure on a seeming plethora of Asian trading partners to buy more U.S. LNG,” said Tim Daiss, at the APAC Energy Consultancy, pointing out that Japan had agreed to buy more despite being so “awash in the fuel” that it was being forced to cancel projects and contracts to offload the excess to Asia’s growing economies.

Vietnam rushed to meet the July 9 trade deadline set by U.S. President Donald Trump, hoping to escape a round of harsh reciprocal tariffs. But that early move has now left officials in Hanoi and major manufacturers facing more confusion than clarity.

The recent tariff agreement has calmed bilateral tensions between Hanoi and Washington, but new trade tensions could be in store.

Vietnam's economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after U.S. President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products.

Vietnam aims to sign more free trade agreements, improve supply chains, and diversify its export markets as it grapples with global uncertainty posed by the US tariff offensive. “The global economy is being impacted by geopolitical competition ...

The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.

President Trump said he plans to write to many nations setting a blanket unilateral tariff rate, which he said could be 10% or 15%. "We’ll have well over 150 countries that we’re just going to send a notice of payment out" detailing tariffs,