Tariffs defeating Trump in Southeast Asia

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It seems that there has been a growth formula won by Vietnam and several southeast Asian neighbors for years. They already watched the export LED path by the believers liked by China. Covid and the United States were a great beneficiary of the re-order of the supply chains, which are part of other enterprises looking for “Chinese Plus One” strategies and secondary exports. Now this policy came back to bite them. When Donald Trump called the “Freedom Day” tariffsSome of the highest, 46 percent in Vietnam, 49 percent were in Cambodia.

Although the United States has a large increase in China’s tariffs, it hit the southeast Asia production It was a surprise. Financial Times, Peter Navarro, Trump’s trading consultant, clear The White House wants to choose countries like Cambodia and Vietnam. The insidents of some Trump administration insist on China’s main goals; Other affected countries are collateral damage.

The damage is important, though – and away from one side. Apple, including US companies, Nike In Vietnam, there are Intel’s production or suppliers who follow the strategy they believe in fine work and political sense. In some high level production, the efforts of the supply to improve domestic capacity may be dignity for the sustainability of the supply, and the economy of the economy made from the United States is suspected.

China has made a choice to get the agreement, revenge “Fight to the end“Washington is ahead with penalty buyers.

Malaysian Prime Minister Anwar Ibrahim Aim is aimed to coordinate a delegation from the Southeast Asian Trade Bloc Traveled to Washington Tuesday. Anveniva’s efforts may hinder the group’s economic diversity: Indonesia, for example, exports more goods to the United States; Philippines currently exports a current account deficiency and more service. Some members have already committed to Washington. Vietnam offered Remove all tariffs About the importing of hot words from the US President.

However, Navarro and other US officials have accused Vietnamese and others as export subsidies, as well as “deception” using platforms to avoid platforms for tariffs. May limit the chances of negotiations through negotiations. Thus, as with ASEAN countries, China, Japan, South Korea, South Korea, Australia and Asia-Pacific CPTPP pact, as with a comprehensive economic partnership with the CPTPP pact, should work to deepen inter-regional trade. They should try to develop free trade relations with the EU and Western markets.

In the end, despite the deep trade relations of the United States, we are very difficult to have a Cambodian or Vietnam, the economic giant on its own gate is full of America; Most of the latest growth in Vietnamese production exports are coming from Chinese companies transferred to Vietnamese operations. If Trump’s White House is very difficult to choose without discounts, the hard line can deepen the arms of the country where the trade policy is mainly targeted.