The highlights this week: ASEAN plans for an economic future beyond the United States, Thailand and Cambodia exchange their first shots since a July cease-fire, and Indonesian President Prabowo Subianto speaks out on Gaza at UNGA .
Welcome to Foreign Policyโs Southeast Asia Brief.
The highlights this week: ASEAN plans for an economic future beyond the United States, Thailand and Cambodia exchange their first shots since a July cease-fire, and Indonesian President Prabowo Subianto speaks out on Gaza at UNGA.
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ASEANโs Post-American Plan
Another day, another tariff. On Sept. 25, U.S. President Donald Trump announced his latest round of tariffs, encompassing a slightly strange grab bag of categories: pharmaceuticals, furniture, sinks, and heavy trucks. Calculating the exact value of ASEAN exports that fall in these buckets is hard. But some very rough calculations by me based on data from the Organisation of Economic Complexity comes up with a figure likely a little under $25bn.
For the Association of Southeast Asian Nations (ASEAN), an organization spanning the worldโs most trade-dependent regionโand which counts the United States as its second-biggest export market after Chinaโthis trade-policy Russian roulette is not something that it can take lightly.
Last week, ASEANโs economic ministers met in Kuala Lumpur. Behind the typically measured-to-the-point-of-mealy-mouthed statements expressing โconcern over the growing trend of protectionism and the rise of unilateral trade measuresโ was a quiet plan. ASEAN is now preparing for a trading future that does not rely on the United States.
As one well-placed person involved in shaping ASEANโs stance on the matter put it to me, the United States accounts for about 13 percent of global trade, and if it defected from the current international trading system, that would hurt.
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