Singapore is not expected to be hit by trade tariffs from the United States, but still stands to be indirectly impacted as it is a small and open economy, said Foreign Minister Vivian Balakrishnan.
Thailand remains the top regional dairy exporter, driven by strong demand from key markets, including Malaysia, Vietnam, Indonesia, Singapore, the Philippines, and Myanmar.
It is too early to determine whether the tariffs imposed by the United States on Canada, Mexico and China will harm or benefit Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.
The Thai business sector expects the impact of Donald Trump’s policies to become more evident in the second or third quarter and has proposed adaptation strategies to cope with the challenges.
Kaing Monika, Deputy Secretary-General of the Textile, Apparel, Footwear and Travel Goods Association in Cambodia (TAFTAC), yesterday claimed that Cambodia is ready and resilient enough to maintain the growth of exports in the international market.
Indonesia's landmark entry into BRICS marks a strategic pivot in its diplomatic journey, offering access to the New Development Bank, alternative economic systems and partnerships in energy transition, food security and technology transfer. While presenting opportunities for infrastructure development and market diversification, this membership requires careful balance with existing alliances and enhanced institutional capacity. The move reinforces Indonesia's role as a Global South advocate while advancing its domestic priorities.
Malaysia has expanded anti-dumping duties on imports of all stranded steel wires for prestressed concrete from China, the Ministry of Investment, Trade and Industry said on Wednesday.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
