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Singapore Prime Minister Lawrence Wong has warned that rising protectionism and unilateral tariffs, particularly those imposed by the United States, are a concern. He warned of the risk of destabilizing global trade and disproportionately harming smaller, export-dependent economies. In an interview ...

Where U.S. Tariff Talks Stand with Vietnam, Indonesia, Thailand

The U.S. is ramping up pressure on Southeast Asia to curb the flow of Chinese-made goods rebranded through regional supply chains, with all four key countries scrambling to finalize bilateral concessions ahead of a July 8 tariff decision. Vietnam and ...

China and ASEAN Finalize Free Trade Agreement Third Upgrade

China and the Association of Southeast Asian Nations (ASEAN) have concluded negotiations on the upgraded China–ASEAN Free Trade Area (CAFTA 3.0).  The new CAFTA 3.0 deepens regional economic integration by expanding digital trade, green development, and cross-border supply chain cooperation commitments. ...

More Japanese Companies Start Moving Production from China to Southeast Asia

Japanese companies are moving production bases from China to Southeast Asia, driven by China’s slowing growth, increasing business risks, and Southeast Asia’s attractive economic environment.  Concerns about China's unpredictable regulations, rising labor costs, and a declining market have accelerated this ...