Southeast Asian nations
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Reuters |
Southeast Asian nations reeled on Thursday as they were hit with some of President Donald Trump's heftiest tariffs, which now threaten the economies that have benefited from investment since he impos...
BBC |
Donald Trump’s far-reaching tariff offensive is proving for a second day to thwart the hopes of investors that economic stability would return before the week’s end.
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Vietnam had a trade surplus of $123.5 billion with the U.S. last year, leading analysts to warn earlier this year that the country was most at risk. Hanoi had tried to win itself a reprieve by preemptively cutting import duties in the lead-up to April 2.
All major powers—the U.S., China, Japan, the European Union, and India—saw an increase in trust from Southeast Asia this year. Of these, Japan remains the most trusted, and its trust level increased from 58.9% to 66.8%. The E.U. overtook the U.S. for second most trusted, while the U.S., China and India followed in that order.
United Airlines unveiled plans to add new service from San Francisco to Thailand, Vietnam and Australia this fall. Its capacity at SFO rose 20% from last year.
Southeast Asia is an especially appealing strategic frontier in Moscow’s dream of a multipolar world. But the reality of Russian engagement in the region is complicated.
When a 7.7 magnitude earthquake struck Myanmar, AP delivered what it does best: fast, comprehensive, all-formats coverage, with staff from across the
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Buffalo is home to as many as 10,000 refugees from Burma, also known as Myanmar, where last week a 7.7 earthquake struck.
As the region prepares for a potentially "painful adjustment", Asia's automakers could focus more on domestic and regional markets to reduce their exposure to the US, say experts.