Asean struggles to escape US-China squeeze
Southeast Asia also faces a trade-related problem, with growing local opposition to the flood of Chinese imports.
Southeast Asia also faces a trade-related problem, with growing local opposition to the flood of Chinese imports.
The pacts give US President Donald Trump some clear wins, such as the removal of many tariffs and non-tariff barriers on US exports.
The Malaysia-US deal is neither a triumph nor a trap, but a temporary equilibrium which should be treated as a strategic pause, not a permanent pact.
This kind of visibility brings value — foreign direct investment, diplomatic goodwill and global media attention.
US President Donald Trump wants to extend the tariff pause in exchange for Chinese President Xi Jinping resuming soybean purchases, curbing fentanyl and easing rare-earth export limits.
The US president slams the halt to American soybean purchases as an ‘economically hostile act’, warning of possible retribution.
An international chamber says businesses worry about high imported input costs, while the SME group calls for export and market support.
Swatch Trolls Trump with Quirky Tariff-Themed TimepieceThe new timepiece is aimed squarely at Trump's 39% tariffs on Swiss goods. It's a simple design, but its message is hilariously witty.
However, it warns that transhipment involving the abuse of the Certificate of Origin to circumvent or avoid import duties is an act that violates regulations.