Reported 1 day ago
President Trump's recent tariffs on goods imported from Southeast Asia have raised significant questions for manufacturers regarding compliance, particularly concerning how local content will be defined and enforced to avoid punitive rates aimed at circumventing Chinese supplies. While countries like Vietnam and Indonesia are negotiating rules to meet these tariffs, officials and businesses express frustration over the lack of clarity, as many Southeast Asian exports still heavily rely on Chinese components. This situation poses a challenge for the region’s exporters as they work to adjust their supply chains in response to U.S. trade policies.
Source: YAHOO