Thailand has accepted US conditions and pledged stricter measures to combat origin fraud, proposing to raise the Regional Value Content (RVC) threshold from the typical 40% to around 50% to ensure products genuinely originate in Thailand.
Indonesia’s economy is growing at its fastest pace in two years. Not all consumers are buying it.
Loss estimated to cut GDP by 1.48%.
The Thai Cabinet convened a special meeting on August 1 to approve a draft trade statement between Thailand and the US.
Malaysia has not agreed to all requests from the United States (US) regarding digital trade and technology in the ongoing reciprocal trade tariff negotiations, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Myanmar’s military government said it remains upbeat on reaching a deal with the US to see a decrease in Trump’s new tariffs of 40% on goods from the Southeast Asian country.
An economist is urging the government to adopt a three-phase strategy to cushion the impact of the newly-imposed 19% US tariff, warning that while the immediate effect may not be catastrophic, the move exposes deeper structural vulnerabilities.
They are increasingly cautious in their outlook as business confidence has fallen to a record low amid concerns over US import tariffs, with the waning sentiment risks holding back investment.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
