On April 2, in a pre-signalled move, the Trump administration announced a sweeping 10 percent tariff (effective from April 5) on all countries exporting goods to the U.S., and “reciprocal tariffs” on more than 60 countries (effective from April 9) that are accused of applying unfair tariffs on American exports.Continue Reading
A day before U.S. President Donald Trump’s harsh “reciprocal tariffs” are set to come into effect, Southeast Asia’s major economies continue to reel from the globe-shaking announcement, as their governments hastily cobble together a response. Stock markets in Singapore, Malaysia, Thailand, and the Philippines tumbled when trading opened yesterday, afterContinue Reading
Southeast Asian nations are scrambling to respond to the sweeping tariffs announced by U.S. President Donald Trump, expressing hopes for bilateral negotiations but also expressing their desire to reduce their reliance on the U.S. market. Yesterday, Asia woke to the spectacle of Trump, sitting in the Rose Garden of theContinue Reading
Southeast Asian nations have been hit hard by the sweeping reciprocal tariffs announced by the Trump administration on Wednesday, which threaten to damage the region’s manufacturing industries and undermine U.S. influence in the region. The stunning array of tariffs, announced by U.S. President Donald Trump at the White House lateContinue Reading
“This is our problem now, not China’s,” an Indonesian interlocutor noted amid a lengthy delay late last year on board Southeast Asia’s first high-speed railway linking the Indonesian cities of Jakarta and Bandung, which was built by China and began operation in late 2023. The comment highlights the complexities ofContinue Reading
