Korea will make efforts to expand economic exchanges and cooperation with Southeast Asian countries to address anticipated changes in the global trade environment, the industry ministry said Thursday, after the new U.S. administration signaled plans to implement protectionist measures.
Malaysia's exports are expected to continue growing in the coming months as external demand picks up ahead of potential US tariffs that will disrupt global trade, economists said.
The Indonesian government is optimistic that its exports to the United States (US) will continue to show a surplus during Donald Trump's second term as president.
The Philippines is expected to remain among the fastest-growing economies in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 (ASEAN+3) Macroeconomic Research Office (AMRO).
Regional and bilateral free trade agreements (FTAs) have promoted market diversification, helping foster Cambodia’s growth and development, a senior commerce official said on Wednesday.
Trump 2.0 policies, referring to strategies utilised by the US president in his second term, are expected to impact products such as computers, equipment and components, electronic devices, rubber products, and agricultural goods.
Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.
Last week's Senate Foreign Relations Committee hearing for Senator Marco Rubio was very insightful, especially regarding comments related to US-Asean relations. Mr Rubio demonstrated knowledge about Asean and the need for flexibility in engaging with the countries in the region. His comments have also calmed surging concerns over a potential tariff hike under the Trump administration. Certainly, he is expected to be confirmed and replace Antony Blinken as Secretary of State.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
