“If you wish to open your heretofore closed Trading Markets to the United States, eliminate your tariff, and Non Tariff, Policies and Trade Barriers, we will, perhaps consider an adjustment to this letter,” Trump said in the letters, using capital letters to emphasise particular words. Lawrence Loh, the director of the Centre for Governance and Sustainability at the National University of Singapore Business School, said Asian countries are limited in their ability to present a united front in the face of Trump’s threats due to their varying trade profiles and geopolitical interests. Calvin Cheng, the director of the economics and trade programme at the Institute of Strategic and International Studies (ISIS) in Kuala Lumpur, Malaysia, said that while US partners will be eager to negotiate relief from the tariffs, many governments may be resigned to higher taxes on their exports going forward.
Author: John Power
Published at: 2025-07-07 21:50:38
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