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Southeast Asia Splits as U.S. Tariffs Spark Trade Chaos

7/12/2025

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Summary

Story summary

Southeast Asia's collective response to U.S. tariffs has crumbled, forcing nations to negotiate separately with Washington. President Trump imposed steep tariffs of 20-40% on many ASEAN countries, citing trade imbalances. In a strategic pivot, Canada is racing to secure a free trade agreement with ASEAN, seeking to lessen dependence on the U.S. amid rising tensions with China and India.

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Story summary

Southeast Asia's collective response to U.S. tariffs has crumbled, forcing nations to negotiate separately with Washington. President Trump imposed steep tariffs of 20-40% on many ASEAN countries, citing trade imbalances. In a strategic pivot, Canada is racing to secure a free trade agreement with ASEAN, seeking to lessen dependence on the U.S. amid rising tensions with China and India.