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KrASIA
Jul
9

Southeast Asia responds to new US tariffs

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Southeast Asia’s major economies are scrambling to renegotiate with the US after tariffs of up to 36% were confirmed on exports from Indonesia, Thailand, Malaysia, and Vietnam starting August 1. Despite late concessions, Indonesia and Thailand remain the hardest hit, with officials seeking to reopen talks to avoid market share losses in palm oil, rice, and electronics.
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