‘Risk being sidelined’: US-China trade truce raises stakes for ASEAN members seeking lower Trump tariffs

US-China truce yet to soothe trade jitters

MANILA, Philippines — The US-China tariff truce does not signal global trade normalization unless both sides seal a “lasting” deal, according to global credit watchdog Fitch Ratings. But the de-escalation increases the pressure on other economies like the Philippines to negotiate for lower import taxes with the administration of US President Donald Trump to stay

OCBC sees strong trade flows between Greater China and Asean despite tariff uncertainties

The bank sees opportunities in certain sectors such as shipping for infrastructure builds. Read more at straitstimes.com.

ASEAN countries face their own ‘China shock’: Raychaudhuri

CHINA-MARKETS/TRADE (CORRECTED, COLUMN):REFILE-COLUMN-ASEAN countries face their own ‘China shock’: Raychaudhuri

‘Risk being sidelined’: US-China trade truce raises stakes for ASEAN members seeking lower Trump tariffs

Southeast Asian countries such as Malaysia, Vietnam, Indonesia and Thailand can ill afford to emerge from US talks with higher tariff rates than China, say analysts.

The Stakes Behind US-China Trade Talks

The global economy now finds itself in an era of uneasy transition— between the liberal order of the past and the fragmented, transactional world of the present. In this fraught environment, the meeting between China’s Vice Premier He Lifeng and U.S. officials in Switzerland (May 9–12) carried implications that stretch far beyond the immediate issue of tariffs. This was no longer just a squabble over trade imbalances. It was a broader test of st…

Vietnam, Malaysia, and Indonesia are on US priority list

Thailand and the Philippines do not appear to be on the priority list. Singapore would not be seeking a lower reciprocal tariff rate (10 per cent), but is negotiating for concessions on pharma exports and access to high-end semiconductor chips. The report pointed out that ASEAN countries have offered procurement commitments, lower tariffs and non-tariff barriers, and clampdowns on illicit circumvention. The 90-day pause for reciprocal tariffs en…