Trump, European Union and Trade Commissioner
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Southeast Asian leaders reached an understanding on Tuesday that any bilateral agreements they might strike with the United States on trade tariffs would not harm the economies of fellow members, Malaysia's premier Anwar Ibrahim said.
French President Emmanuel Macron is spearheading the latest effort by European leaders to woo Southeast Asian nations worried about becoming collateral damage in the US trade war and security disputes between Washington and Beijing.
The regional bloc has concluded negotiations to upgrade agreements that target easier trade - not just within the grouping itself, but also with its top economic partner, China.
Among dozens of countries that were hit with steep tariffs, Vietnam was among the most publicly willing to meet the demands of the Trump administration. But China is a sticking point.
4don MSNOpinion
China’s regime, by surreptitiously including suspicious components in Chinese equipment, has only itself to blame for the proposed restriction.
Economist Peter Schiff recently took to X to blast the Trump administration for conceding the trade war without meaningful gains from China.
Last week’s U.S.-China trade truce has sparked speculation as to what a potential trade deal between the two rivals might look like.
On Jan. 1, 2025, tariffs were only 20.8%. When President Trump ended his first term, tariffs were 19.3% against Chinese goods. At the beginning of the year,
The biggest concern for policymakers in Southeast Asia is that they are caught in the crosshairs of the U.S.-China trade conflict.
China has been a critical market for US farmers representing more than half of US soybean exports in the most recent marketing year.
The lead US negotiator described “a great deal of productivity” in resolving US-China trade differences after two days of talks in Switzerland, following Trump’s tariffs and Beijing’s retaliation. Vie