
Southeast Asian leaders meet to talk tariffs, truce and East Timor
The Peninsula
Kuala Lumpur: Southeast Asian leaders met Monday in Kuala Lumpur for their first summit since US President Donald Trump s tariffs upended global econo...
Kuala Lumpur: Southeast Asian leaders met Monday in Kuala Lumpur for their first summit since US President Donald Trump's tariffs upended global economic norms, with the trade-dependent nations expected to issue a joint message of deep concern.
The Association of Southeast Asian Nations' (ASEAN's) strategy of nurturing diverse economic alliances was on full display as Chinese Premier Li Qiang was warmly welcomed along with Gulf state dignitaries for a lavish gala dinner ahead of talks on Tuesday.
Trump cast international markets into turmoil in April when he announced wide-ranging tariffs, before agreeing to pause them for most countries for 90 days.
In summit opening remarks given to media but not delivered in his speech, Malaysian Prime Minister Anwar Ibrahim said: "A transition in the geopolitical order is underway and the global trading system is under further strain, with the recent imposition of US unilateral tariffs."
"Protectionism is resurging as we bear witness to multilateralism breaking apart at the seams," he added.









