High Tariffs, US Trade Deals, and Potential Impact on Agri Markets in Indonesia and Vietnam

High tariffs, US trade deals, and potential impact on agri markets in Indonesia and Vietnam

The United States' move to reorder world trade continues US President Donald Trump's deglobalisationist agenda, which could dramatically reshape agricultural trade in Southeast Asia, mostly in favour of the US.

How China Might Retaliate Against Southeast Asia’s US Trade Deals

Across Southeast Asia, governments have successfully secured deals with the Trump administration to lower reciprocal tariffs to a range of 15-19 per cent, following the expiration of the August 1 deadline. The deals that Vietnam and Indonesia signed with the US — the first two involving Southeast Asian countries — highlight the Trump administration’s priority of reshaping trade with Southeast Asia. By imposing a 40 per cent levy on Chinese trans…