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ASEAN and China Forge New Trade Deal Amid U.S. Tensions

10/28/2025

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Summary

Story summary

On October 28, 2025, ASEAN and China signed an upgraded free trade agreement in Kuala Lumpur to enhance cooperation in digital and green economies.
This agreement aims to counter U.S. tariffs imposed by President Trump, who recently announced trade deals with Malaysia and Cambodia.
Cambodian officials expressed satisfaction but requested further exemptions, while Malaysia expects improved access to U.S. markets.
China highlighted the importance of open trade and regional integration amid ongoing U.S.-China tensions.

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Story summary

On October 28, 2025, ASEAN and China signed an upgraded free trade agreement in Kuala Lumpur to enhance cooperation in digital and green economies.
This agreement aims to counter U.S. tariffs imposed by President Trump, who recently announced trade deals with Malaysia and Cambodia.
Cambodian officials expressed satisfaction but requested further exemptions, while Malaysia expects improved access to U.S. markets.
China highlighted the importance of open trade and regional integration amid ongoing U.S.-China tensions.