Tag: southeast asia
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Brace for impact – What should Southeast Asia businesses do to future-proof itself against U.S. tariffs?
The U.S. so-called “Liberation Day” tariff announcement has sent shockwaves to the world. Southeast Asian (SEA) countries have not escaped the fate – among hardest hit was Vietnam, slapped with a 46% tariff. Thailand and Malaysia were imposed with 36% and 24% tariffs respectively. Even though President Trump subsequently announced a 90 day pause for…