久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Asia-Pacific

ASEAN unity seen as key against levies

By PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2025-04-09 09:38
Share
Share - WeChat
Malaysian Prime Minister Anwar Ibrahim delivers a speech during the ASEAN Investment Conference 2025 at the Kuala Lumpur Convention Centre in Kuala Lumpur on Tuesday. ARIF KARTONO/AFP

The Association of Southeast Asian Nations must harness its "collective bargaining power" to counter the potentially harsh impact brought by the higher United States tariffs, analysts said, as was urged by Malaysian Prime Minister Anwar Ibrahim.

Southeast Asian economies, which have long thrived on export growth and free trade, are expected to be hard hit by the so-called reciprocal tariffs that US President Donald Trump unveiled on April 2.

Malaysia, as this year's rotating chair of ASEAN, responded quickly. In a social media address, Anwar said he will "continue to coordinate efforts to present a united regional front, maintain open and resilient supply chains, and ensure that ASEAN's collective voice is heard clearly and firmly on the international stage".

Malaysia is hosting an ASEAN economic ministers' meeting on Thursday and Anwar said he is "constantly in touch" with other ASEAN leaders to "have a common position" on US tariffs.

Indonesia's President Prabowo Subianto made a one-day state visit to Malaysia's capital Kuala Lumpur on Sunday, where he and Anwar discussed the tariff issue.

Anwar has also had similar discussions over the phone with the leaders of Brunei, the Philippines, Singapore and Vietnam.

"ASEAN, by design, is a consensus-based organization, not a negotiating bloc with bite," said Wan Suhaimie Wan Mohd Saidie, head of economic research at Malaysia's Kenanga Investment Bank.

But he added, "The era of polite diplomacy may be over."

'Seismic change'

Singapore Prime Minister Lawrence Wong on Friday warned that the US tariff move was a "seismic change in the global order" that ends the era of rules-based globalization and free trade.

Malaysian Foreign Minister Mohamad Hasan received a phone call from US Secretary of State Marco Rubio on Friday, with both parties agreeing to continue trade negotiations, according to local media reports.

Some individual ASEAN countries have initiated high-level discussions with Trump and his administration.

To Lam, general secretary of the Communist Party of Vietnam Central Committee, held a phone conversation with Trump on Friday. On the call, he proposed that Vietnam would reduce its import tariffs on US goods to zero in exchange for a similar tax rate by the US on products imported from Vietnam.

Wan Suhaimie from Kenanga Investment Bank said individual ASEAN countries do not have the leverage to negotiate with the US.

He noted that ASEAN is a $3.6 trillion economy with over 650 million people, so negotiating as a bloc "can command more attention".

"Now is the time to shift from fragmented bilateral deals to collective bargaining power," he said.

Chin Yew Sin, president of the Asia-Pacific Strategy Research Center, a Kuala Lumpur-based think tank, said negotiating as a trade bloc will also help less-developed ASEAN economies. Chin noted the examples of Cambodia, Laos and Myanmar — which do not have much bargaining power and "are basically at the mercy of the US".

"Their economies will be badly hit by these tariffs," he added.

James Chin, a professor of Asian studies at the University of Tasmania in Australia, said one of the challenges of negotiating as a bloc is that different ASEAN countries have been slapped with different rates.

The US is imposing a 10 percent "minimum baseline tariff" on all imports and higher rates against other trading partners.

In ASEAN, a 10 percent tariff was imposed on Singapore, but other countries face higher rates: Cambodia (49 percent), Laos (48 percent), Vietnam (46 percent), Myanmar (44 percent), Thailand (36 percent), Indonesia (32 percent), Brunei (24 percent), Malaysia (24 percent), and the Philippines (17 percent).

The varied rates also mean that the tariff hike will have a different impact on individual ASEAN economies. Japanese investment bank Nomura said in its April 3 report that it has cut 2025 GDP growth forecasts by 0.1 to 0.6 percentage points across the region.

Nomura said it is "most cautious" about the impact of reciprocal tariffs on Thailand and Indonesia, where the tariff rates "were much higher than expected".

Yang Han and Vivien Xu in Hong Kong contributed to this story.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 67194成人手机在线 | 亚洲成a人片在线观看中 | 亚洲精品一区二区观看 | 老司机午夜性生免费福利 | 久久久久久88色愉愉 | 小明日韩在线看看永久区域 | 亚洲天堂男 | 亚洲在线观看免费 | 亚洲国产精品久久久久秋霞不卡 | 国产日韩欧美自拍 | 亚洲精品成人在线 | 最新精品国产 | 欧美日韩高清不卡一区二区三区 | 久久久99视频 | 精品亚洲一区二区三区 | 99久国产| 免费a网址 | 午夜啪啪福利视频 | 狠狠色狠狠色综合 | 成人做爰全过程免费看网站 | 亚洲国产精品线观看不卡 | 萌白酱白丝护士服喷水铁牛tv | 国产精品v免费视频 | 欧美成人三级伦在线观看 | 黄色视屏免费 | 国产伦精品一区二区三区精品 | 91影视做在线观看免费 | 香蕉久久高清国产精品免费 | 全国男人的天堂天堂网 | 免费一级淫片aaa片毛片a级 | 波多野结衣一区二区三区高清在线 | 日本韩国一区二区三区 | 一个人的视频日本免费 | 67id人成国产在线 | a级片一级片 | 日本高清一本二本三本如色坊 | 亚洲第一视频在线播放 | 欧美日韩一级片在线观看 | 久久riav.com| 一区二区三区国产 | 亚洲精品一区二区三区美女 |