CIMB Treasury and Markets Research economists believe that a portion of Malaysia’s semiconductor exports may qualify for exemption from the United States’ (US) 100 per cent tariff on imported chips.
The deal slams the door on Chinese products being shipped through Indonesia to the U.S. to gain the lower tariff than that imposed by President Trump on President Xi Jinping’s regime.
Tata Steel says industry faces growing strain as import volumes swell.
Vietnam has outranked Thailand as the world’s second-largest rice exporter in the first half of 2025, Thai PBS reported on August 3, citing the Thai Rice Exporters Association.
ASEAN’s economic size of nearly $4 trillion means little without unity, according to Indonesian Foreign Minister Sugiono, as the Southeast Asian bloc turns a year older amidst growing uncertainties created by the US tariff policies.
The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso emphasized that the phenomenon of frontloading or accelerating exports before tariffs are normal and carried out by many countries, not just Indonesia.
US tariffs force producers to cut costs.