ASEAN will not impose retaliatory tariffs on US, but will seek out new opportunities in the region
Singapore will double down on regional economic integration and seek out new growth opportunities like the digital and green economies. This comes after a meeting amongst ASEAN economic ministers, where they pledged to not impose any retaliatory measures in response to the US tariffs. CNA speaks to Priyanka Kishore, Principal Economist at Asia Decoded. She discusses how trade and regional supply chains are affected by the US tariffs' start-stop situation. She also talks about the bargaining power ASEAN has as a whole versus individual countries engaging the US, as the grouping seeks "frank and constructive" dialogue.
Singapore will double down on regional economic integration and seek out new growth opportunities like the digital and green economies. This comes after a meeting amongst ASEAN economic ministers, where they pledged to not impose any retaliatory measures in response to the US tariffs. CNA speaks to Priyanka Kishore, Principal Economist at Asia Decoded. She discusses how trade and regional supply chains are affected by the US tariffs' start-stop situation. She also talks about the bargaining power ASEAN has as a whole versus individual countries engaging the US, as the grouping seeks "frank and constructive" dialogue.