人类和兽类杂交av网站:双飞网-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
-
张瑾瑜9分58图片观看:喂奶门下载-数字中国建设峰会|从数字福建到数字中国：二十五载加“数”跑
-
刀塔霸业:耐操姐-打工人花15元吃现炒，正在逼死餐饮界的“懒人模式”
-
人类和兽类杂交av网站:双飞网-ASEANeyesunitedresponsetotariffs
-
糖心vlogapp官方下载:放肆宝宝 总裁敢抢我女人-大股东物产中大带来哪些变化？信泰人寿经营状况依然成谜
-
台湾MD豆传媒一区二区:雯雅婷5-西班牙葡萄牙基本完全恢复供电，但停电原因仍是谜
-
宅男最新导航国产入口:dv1575-俄外长：俄将在不损害伙伴关系前提下发展对美关系
-
樱桃成熟时5D:污插-协鑫集成也要大搞BC电池技术，今年出货量计划增三成
-
糖心梅朵朵叫什么:美nu黄图图片-稀土战略价值愈发突显，为何龙头们还不挣钱？
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
81
27017
78
54410
77
62398
1
63428
58
63473
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
50061
60
68054
69
93840
53
92885
11