糖心网红柚子猫甘雨:日加鲁-ASEANeyesunitedresponsetotariffs
Nations begin talks with Washington as experts suggest looking at China market
By PRIME SARMIENTO in Hong Kong | China Daily Updated: 06:45 AM ( GMT+8 ) April 29, 2025
FILE PHOTO: A container is unloaded from a ship onto a truck at Tanjung Priok Port in Jakarta, Indonesia, February 12, 2025. [ Photo/Agencies ]
Southeast Asian countries have begun bilateral talks with the United States as the trade-dependent region grapples with potential effects of high tariffs and growing protectionism.
Indonesia, Malaysia and Vietnam have either started or expressed interest in conducting negotiations, while leaders within the Association of Southeast Asian Nations have urged leveraging their strength as a bloc to negotiate with Washington.
Suthiphand Chirathivat, a professor emeritus of economics at Chulalongkorn University in Bangkok, said ASEAN countries should "stand together for the best for all".
Sonal Varma, a chief economist at Japanese investment bank Nomura, said ASEAN countries will seek negotiations to "address some of the shortcomings of the existing ( trading ) system, but without causing too much damage to everyone".
Varma also sees an increase in intra-regional trade, saying ASEAN members "will need to open up their markets … to trade more with each other".
Lowering both tariff and nontariff barriers, she added, will boost trade and investment within the bloc, while enabling it to tap into markets beyond the region.
Thailand's Prime Minister Paetongtarn Shinawatra said on Thursday that ASEAN has agreed to work together to bolster the group's bargaining power in dealing with tariff hikes. Following her meeting with Cambodia's Prime Minister Hun Manet, Paetongtarn said the two sides talked about a possible framework for cooperation among ASEAN countries.
Malaysia's Prime Minister Anwar Ibrahim called for a "united regional front" shortly after the US launched the "reciprocal tariffs" on April 2.
On April 9, Washington announced a 90-day pause on the tariff hikes, which has spurred most of its trading partners, including ASEAN countries, to hold bilateral negotiations with the US.
Noting possible economic repercussions from a US tariff hike, ASEAN economy ministers said they will boost intra-ASEAN trade and investment and remain committed to the bloc's rule-based trade. They also expressed "common intention to engage in a frank and constructive dialogue" with the US, according to a joint statement issued on April 10.
Collective strength
Julia Roknifard, a senior lecturer at the School of Law and Governance at Taylor's University in Kuala Lumpur, said calls for ASEAN's collective action have shown that leaders know they are stronger as a bloc and they have "the political impetus to actually put into practice measures that will allow them to leverage on their collective strength".
Indonesia and Malaysia have sent respective delegations to negotiate with their counterparts in the US.
Airlangga Hartarto, Indonesia's coordinating minister for economic affairs, said on Saturday that Indonesia prioritizes the principles of fair and balanced trade. The two sides have agreed to conduct further discussions, he added.
Malaysia's Investment, Trade and Industry Minister Zafrul Aziz said the US and Malaysia have discussed enhancing US-ASEAN cooperation by leveraging Malaysia's rotating ASEAN chairmanship to foster regional stability and advance shared economic goals.
The meeting between the Thai delegation and the US was postponed indefinitely. Paetongtarn said Washington wanted her country to review and revise certain measures before negotiations could proceed.
Vietnam launched negotiations with the US with a phone conversation on Wednesday between US Trade Representative Jamieson Greer and Vietnamese Minister of Industry and Trade Nguyen Hong Dien.
Both sides agreed on the importance of making swift progress toward reciprocal and balanced trade, according to a report filed by the daily Viet Nam News.
During his visit to Vietnam, Malaysia and Cambodia earlier this month, Chinese President Xi Jinping and other state leaders emphasized that countries should promote universally beneficial and inclusive economic globalization, facilitate multilateral trade and investment, and reject unilateral trade restrictive measures.
Amitendu Palit, a senior research fellow at the Institute of South Asian Studies, National University of Singapore, said Xi's visit is significant as China, like the US, is a major trade partner of ASEAN.
With high US tariffs making it difficult for a trade-dependent region to export to the US, Palit said ASEAN countries are at least assured of having China as another market for their goods.
Suthiphand of Chulalongkorn University said US tariff hikes may further strengthen relations between ASEAN and China.
"China has a super large market, and its scale of industries is also competitive across the world," he said.
Yang Wanli in Bangkok contributed to this story.
If you have any problems with this article, please contact us at app@chinadaily.com.cn and we'll immediately get back to you.
相关文章
-
糖心娜娜房产销售:awazlik sikix 美国-地方新闻精选 | 广州中心城区水价6月1日起将上调 桂林理工大学辟谣网传捉奸坠楼消息
-
高义 白洁:靠逼图片-南京航空航天大学启动扁平化改革：管理岗规模控制在20%，不再统一设科级机构
-
老狼精品卡1卡2卡3网:欧美tv xtime-辽宁省委书记郝鹏、省长王新伟赶到辽阳火灾事故现场指导善后处置工作
-
桃子视频在线播放www:婷婷爱爱-中国人保不再设监事会，国寿集团未再设置监事长职务
-
玩具体验馆BY:默狱-安克创新2024年营收247.1亿
-
成人触手小游戏:伦理电影飞飞飞2018-永不向特朗普屈服，加拿大总理宣布执政党胜选后喊话美国
-
最好听的日文歌:凌波丽全彩6部h-中国建设银行浙江省分行原党委书记、行长高强接受审查调查
-
糖心网红柚子猫甘雨:日加鲁-ASEANeyesunitedresponsetotariffs
47847
26
47847
26
48158
46
18095
59
76276
17
65573
36
63128
4
86478
85
30367
78
63524
2
62738
4
31856
47
71272
50
83067
20
99712
97
54978
31
63720
90
94331
53
29063
54
68942
21
89181
94
23218
58
28745
52
81201
44
17391
69
29549
6
17480
70
89028
4
98746
88
79267
68
83517
81
27017
78
54410
77
62398
1
63428
58
63473
31
47199
19
84052
15
46245
22
19684
80
22271
49
94874
50
36152
35
45060
29
74946
99
90160
42
41857
2
66369
8
47534
52
61701
41
52980
33
50061
60
69
93840
53
92885
11