Summary
With US tariffs on the rise, experts warn that ASEAN will face increased China exports, putting some factories out of work. Some ASEAN countries have already banned Chinese apps like TEMU and SHEIN, and updated its anti-dumping legislation, as pressure on domestic manufacturers mount.
On the other hand, US tariffs on ASEAN exports to its market, is squeezing producers. Entire industries- like the solar panel manufacturing industry- has been decimated due to US tariffs, in countries like Malaysia. ASEAN economies are being squeezed by both the superpowers- US and China, and an intensifying tariff war. In this documentary, policy makers and experts, discuss possible solutions, and how ASEAN will weather this storm
No comments:
Post a Comment