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Trump's Tariffs Trigger Southeast Asia Stock Market Plunge

4/3/2025

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Summary

Trump's Tariff Impact

Southeast Asian stocks took a nosedive after President Trump's shocking announcement of steep tariffs, with Vietnam hit hardest at a staggering 46%. The Vietnamese stock index plummeted 6.7%, its worst fall since 2001. Neighboring countries like Thailand and Cambodia are also bracing for the impact, sparking fears over economic growth and strained trade ties.

Summary

Thailand Faces Tariff Negotiations

Thailand is bracing for intense trade negotiations with the U.S. after a staggering 36% tariff on its exports was announced. Prime Minister Paetongtarn Shinawatra warned of potential losses between $7-$8 billion. In response, Thailand plans to boost imports of U.S. agricultural goods while seeking to balance the scales through bilateral discussions.

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Trump's Tariff Impact

Southeast Asian stocks took a nosedive after President Trump's shocking announcement of steep tariffs, with Vietnam hit hardest at a staggering 46%. The Vietnamese stock index plummeted 6.7%, its worst fall since 2001. Neighboring countries like Thailand and Cambodia are also bracing for the impact, sparking fears over economic growth and strained trade ties.

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