Sweeping reciprocal tariffs announced by the U.S. last week have just been partly reversed by President Donald Trump.
Disruption to global trade and volatile financial markets due to US’ continued threatening of punitive measures on trading partners then underscores ASEAN's emerging role as a stabilising force amid global trade and geopolitical uncertainties.
Niaga Spotlight features Prof Dr Pavida Pananond, Thammasat Business School at Thammasat University discussing strategic positioning of ASEAN economies as counterbalance to this fitful US hegemony - potentially mitigating recession risks via ensuring alternative, resilient manufacturing hubs and a diversified supply chain nexus.
Disruption to global trade and volatile financial markets due to US’ continued threatening of punitive measures on trading partners then underscores ASEAN's emerging role as a stabilising force amid global trade and geopolitical uncertainties.
Niaga Spotlight features Prof Dr Pavida Pananond, Thammasat Business School at Thammasat University discussing strategic positioning of ASEAN economies as counterbalance to this fitful US hegemony - potentially mitigating recession risks via ensuring alternative, resilient manufacturing hubs and a diversified supply chain nexus.
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