ASEAN, Gulf Nations, China Strengthen Trade Ties Amid US Tariff Pressures
ASEAN, Gulf Nations, China Strengthen Trade Ties Amid US Tariff Pressures

ASEAN, Gulf Nations, China Strengthen Trade Ties Amid US Tariff Pressures

News summary

Southeast Asian nations, represented by ASEAN, are seeking to mitigate the impact of U.S. tariffs announced by President Donald Trump through diversifying trade partnerships and deepening regional cooperation. ASEAN convened a summit with China and Gulf Cooperation Council (GCC) countries to enhance economic engagement and resilience amid global trade volatility caused by U.S. tariff hikes. Chinese Premier Li Qiang emphasized the importance of removing trade barriers and expanding openness, positioning China as a stable economic partner and urging adherence to multilateral trade systems like the WTO. Malaysia, as ASEAN chair, led efforts to strengthen ties between ASEAN, China, and the GCC, aiming to reduce reliance on the U.S. and buffer their economies against geopolitical uncertainties. Analysts note ASEAN’s tilt towards China as it seeks alternatives to the unpredictable U.S. trade stance, with China promoting itself as a reliable ally and economic anchor. The cooperation among ASEAN, China, and GCC countries reflects a strategic pivot to maintain growth and stability in the face of rising protectionism and trade tensions.

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Last Updated
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