Trump announced new tariffs on 14 countries, mostly in Asia, effective August 1, indicating room for negotiations. Targeted countries include Japan, South Korea, Cambodia, Indonesia, Thailand, Malaysia, Laos, and Myanmar. The move is seen as a strategy to indirectly pressure China, given these countries' significant trade relationships with it. The intent is likely to prompt quicker US agreements with these nations. However, excluding China from regional supply chains during negotiations raises concerns about potential complications in trade discussions.
Trump announced new tariffs on 14 countries, mostly in Asia, effective August 1, indicating they are 'more or less' final offers while leaving room for negotiations.
Countries targeted include Japan, South Korea, Cambodia, Indonesia, Thailand, Malaysia, Laos, and Myanmar, aimed indirectly at pressuring China.
Analysts note the tariffs target countries that have significant trade ties with China, attempting to compel them into quicker agreements with the US.
Concerns arise that excluding China from regional supply chains in negotiations could lead to problematic outcomes, as noted by analysts.
Collection
[
|
...
]