Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

Trump's tariff letters to Asia add pressure for deals by Aug 1

The Straits Times

|

July 09, 2025

Double down on good work, innovate together with boldness and keep the focus on citizens.

- Anjali Raguraman

Trump's tariff letters to Asia add pressure for deals by Aug 1

WASHINGTON/TAIPEI/KUALA LUMPUR The letters arrived in waves, laying out the consequences for Japan, South Korea, Malaysia, Indonesia, Thailand and others of failing to strike a deal in time to avert the elevated tariffs unilaterally announced by US President Donald Trump in early April and then paused until July 9.

Mr Trump began with his East Asian allies, telling Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae Myung that their exports to the US will attract 25 per cent tariffs, beginning on Aug 1.

In the hours that followed, most South-east Asian nations also received letters from the White House.

For Malaysia and Indonesia, both in hectic negotiations to clinch a deal, Mr Trump's letter specified the reciprocal tariffs of 25 per cent and 32 per cent respectively. Thailand was told to expect 36 per cent, while Laos and Myanmar faced 40 per cent each.

These rates are mostly in line with Mr Trump's announcement in April, when he shocked the region by announcing some of the highest tariffs here.

The new rates for Malaysia and Japan were a notch higher than the 24 per cent announced earlier. For Laos and Myanmar, the rates marked a slight drop from the previous 48 per cent and 44 per cent respectively. There was no explanation for the adjustments.

Cambodia received a surprise: a 36 per cent tariff, far lower than the 49 per cent rate in Mr Trump's original announcement.

Singapore, India and Taiwan, among others, have not received any formal notification from the White House.

In total, 14 nations received letters nearly identical in wording which were also posted on Truth Social on July 7 afternoon, or from 12.30am on July 8 Singapore time.

MEER VERHALEN VAN The Straits Times

The Straits Times

The Straits Times

Silver lining amid dark clouds as Asean recognises need to deepen unity, says PM Wong

Grouping has taken 'considerable steps forward', including entry of Timor-Leste

time to read

3 mins

October 29, 2025

The Straits Times

Make small, practical changes, not drastic overhauls

“Researcher Saul Newman has suggested that Okinawans eat the least vegetables and sweet potatoes of any region in Japan.

time to read

3 mins

October 29, 2025

The Straits Times

Small acts of empathy key to protecting the vulnerable

With the recent news surrounding the case of Megan Khung, especially the release of the review panel’s report, I found myself reflecting deeply on my own journey as a social worker (The Megan Khung report was painful to read, but offers hard lessons to prevent another tragedy, Oct 24).

time to read

1 mins

October 29, 2025

The Straits Times

Lawyers Use of Gen Al needs careful oversight

We refer to the article “Breaches of AI policy could be a sackable offence at some Singapore law firms” (Oct 22), which highlights how firms are strengthening their policies for responsible use of generative artificial intelligence (Gen AI) a sign of the profession’s growing maturity in adopting such tools.

time to read

1 mins

October 29, 2025

The Straits Times

WHO WILL BE S'PORE'S NEXT MILLIONAIRE ATHLETE?

In this series, The Straits Times takes a deep dive into the hottest sports topic or debate of the hour.

time to read

7 mins

October 29, 2025

The Straits Times

The Straits Times

EAT RIGHT AND LIVE LONGER

Dietitians share how those in Singapore can adopt elements of the Mediterranean, Nordic and Okinawan diets

time to read

5 mins

October 29, 2025

The Straits Times

Countries have to see benefits of Asean power grid for it to take off: Expert

For the Asean power grid to take off, countries need to have a clearer picture of the benefits of being connected, said sustainable finance expert Lisa Sachs on Oct 28.

time to read

4 mins

October 29, 2025

The Straits Times

PM Wong meets leaders of Vietnam, Malaysia on sidelines of Asean Summit

Prime Minister Lawrence Wong met the leaders of Vietnam and Malaysia on the sidelines of the 47th Asean Summit in Kuala Lumpur on Oct 28.

time to read

2 mins

October 29, 2025

The Straits Times

SkillsFuture Why do some courses cost so much?

When SkillsFuture Credit was introduced in 2015, many Singaporeans were excited over what courses were available — either for career transition or to gain knowledge and skills.

time to read

1 min

October 29, 2025

The Straits Times

The Straits Times

KARMA SHOULD PAY OFF FIRST-UP

Oct 30 Hong Kong (Sha Tin) form analysis

time to read

5 mins

October 29, 2025

Listen

Translate

Share

-
+

Change font size