Trump’s On-off Tariffs Could Disengage Southeast Asia Further from the U.S.
The reciprocal tariffs announced by U.S. President Donald Trump on April 2 – what he referred to as “Liberation Day” – hit Southeast Asian economies particularly hard. While they and others received a brief respite in the form of a 90-day pause, with a universal lowered reciprocal tariff of 10 per cent, tariffs on goods from China spiked to 14...