Reported about 19 hours ago
During a recent visit to Southeast Asia, President Trump announced new trade agreements with Malaysia, Cambodia, Thailand, and Vietnam, claiming they are 'historic.' While these deals aim to reduce tariffs and encourage purchasing of US goods, the benefits for the Southeast Asian countries remain unclear. Tariff exemptions are limited, and many sectors worry about the implications for local industries. The agreements also come amid a broader context of US-China trade tensions and symbolize ASEAN's growing economic significance.
Source: YAHOO