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ASEAN nations plan tariff talks with United States
The Freeman
|April 10, 2025
Malaysian Prime Minister Anwar Ibrahim said his country and the Association of Southeast Asian Nations (ASEAN) partners will dispatch officials to Washington, D.C. for talks following President Donald J. Trump's rollout of global tariffs.
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"There may be limited room to revisit the underlying intent, but there is still scope for adjusting the policy's implementation," Anwar said in his opening speech at the ASEAN Investment Conference 2025 in Kuala Lumpur. "The global trading system is under intense strain, more so than at any point in recent memory."
Southeast Asian nations were hard hit by the so-called reciprocal tariffs rolled out by Mr. Trump last week, though they vary depending on each country's trade relationship with the US. Malaysia faces a 24% levy; US tariff on Indonesia was set at 32%; and Vietnam exports will be charged at 46%. The US tariff on Singapore was set at 10%, while the levy for the Philippines will be 17%.
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