ASEAN leaders meet to talk tariffs, Myanmar peace and Timor Leste – Asia & Pacific

outheast Asian leaders meet Monday for their first summit since Donald Trump’s tariff policies upended global economic norms, with the trade-dependent nations expected to issue a joint message of deep concern over recent US actions. The Association of Southeast Asian Nations (ASEAN) will also tackle pressing regional issues, attempting to increase pressure on Myanmar’s military … Read more

Govt sees US tariffs as ‘wake-up call’ to boost intra-ASEAN trade – Economy

he government has acknowledged a need to boost trade with its ASEAN neighbors following the United States’ sweeping “reciprocal” tariff policy on dozens of countries, amid an eleventh-hour pause issued by President Donald Trump on Wednesday. At the same time, it remains committed to engaging the US in dialogue grounded in a “rules-based global order”, … Read more

No ‘retaliatory measures’ against US: ASEAN economic ministers – Economy

outheast Asian countries are pressing for dialogue with the United States on trade tariffs and will not impose retaliatory measures, economic ministers of the regional bloc ASEAN said on Thursday.  Before a 90-day pause was announced by US President Donald Trump on the implementation of US tariffs, six of nine Southeast Asian countries targeted by the US administration … Read more

ASEAN urges ‘boldly’ integrating region’s economies amid US tariff worries – Asia & Pacific

SEAN must “act boldly” to accelerate regional economic integration as sweeping US tariffs leave much of the world caught in the middle of a devastating trade war, the bloc’s chief said Wednesday. The 10-member Association of Southeast Asian Nations, which count on the United States as their main export market, were among those slapped with … Read more

US starts collecting Trump’s 10% tariff – Regulations

S customs agents began collecting President Donald Trump’s unilateral 10 percent tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week. The initial 10 percent “baseline” tariff paid by US importers took effect at US seaports, airports and customs warehouses at 12:01 … Read more

Indonesia will not retaliate against Trump tariff: Airlangga – Regulations

ndonesia will not retaliate against US President Donald Trump’s 32 percent trade tariff on Southeast Asia’s largest economy, its senior economic minister said on Sunday in the government’s first response to the levy. Coordinating Economic Affairs Minister Airlangga Hartarto said in a statement that Indonesia would pursue diplomacy and negotiations to find mutually beneficial… Source link