U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said on Tuesday, Reuters reported. Citing a U.S. Federal Register document dated September 9 that formalised President Donald Trump's executive order on the U.S.-Japan trade deal, Akazawa said in a press conference the revised tariff rates on Japanese goods will take effect within seven days from its publication.

Vietnam's exports to the United States fell 2% in August from July to $13.94 billion, Vietnamese customs data showed on Tuesday, as a tariff of 20% on shipments to the United States took effect, Reuters reported. Imports from China also fell 2% in August from July, the Customs Department said. The Trump administration has repeatedly accused Vietnam of being used as a transshipment hub for Chinese goods directed to the United States.

A measure of Australian business conditions picked up in August as firms reported better profits and employment, while input costs grew at the slowest pace since 2021 in a promising sign for inflation and margins, Reuters reported. The survey from National Australia Bank showed its index of business conditions rose two points to +7 in August, taking it back to the long run average. A more volatile index of business confidence eased 4 points to +4, but again was around the long run trend.

South Korea's negotiations to finalise a U.S. trade deal are being held up due to foreign exchange issues and Seoul has asked Washington to help find a way to cap any market impact from a $350 billion investment package, a senior presidential official said on Tuesday, Reuters reported. The delay in striking a final deal comes after U.S. President Donald Trump last week signed an executive order to implement Japan's trade deal, which includes a $550 billion investment package.

China has racked up a $60 billion trade surplus with Africa so far in 2025, nearly surpassing last year’s total, as Chinese companies redirect trade to the region while President Trump’s tariffs crimp the flow of goods into the United States, the New York Times reported. Through August, China exported $141 billion worth of goods and services to Africa, while importing $81 billion, according to data released by the Chinese government on Monday.

Chinese lawmakers have begun reviewing a draft revision to the Enterprise Bankruptcy Law, as part of efforts to improve the market exit system, Xinhau reported. The draft revision to the law was submitted on Monday to the ongoing session of the Standing Committee of the National People's Congress, for its first reading. The draft introduces a relatively comprehensive revision to the current law, with more than 160 provisions newly added or revised.

Foreign investors were already on the run from India’s stock markets even before President Trump declared economic war on India. But the two main stock indexes in Mumbai, India’s financial capital, are up 10 percent over the past six months. And they have barely budged since Mr. Trump’s 50 percent tariffs on India took full effect in late August. The reason: Indian investors keep pouring money into stocks as fast as foreigners are taking money out, providing a measure of relief for the country’s businesses and economy, the New York Times reported.

The Japanese economy grew at a faster pace than initially estimated in the second quarter, revised data showed, confirming a fifth straight quarter of growth, the Wall Street Journal reported. Real gross domestic product expanded 2.2% on an annualized basis in the April-June period, according to official figures released Monday. That compared with preliminary estimates of 1.0%. On a quarterly basis, the economy grew 0.5%.

China’s exports grew at a slower-than-expected pace last month as the boost from a trade truce with the U.S. waned, the Wall Street Journal reported. Outbound shipments rose 4.4% from a year earlier in August, down from a 7.2% increase in July, the General Administration of Customs said Monday. Chinese imports climbed 1.3% during the month, according to the customs bureau. That compared with July’s 4.1% increase and the 1.8% rise expected by the economists surveyed.