Trump Leaves ASEAN, Southeast Asia Trade Questions Remain

Kuala Lumpur, Malaysia – During the ASEAN Summit, President Trump attended the signing of a ceasefire between Thailand and Cambodia and discussed US tariff rates with ASEAN leaders, resulting in trade deals with Malaysia and Cambodia, and framework agreements with Thailand and Vietnam. However, critical questions remain regarding enforcement, the impact of potential tariffs on semiconductors and transshipments, and how these agreements will affect Southeast Asia’s supply chains.