Tariffs and the Threat of Deglobalization: A Wake-Up Call for ASEAN Unity
BY: LEE CHEAN CHUNG In a move that sent shock waves through global markets early this morning, the United States announced a sweeping imposition of country-specific tariffs on all ASEAN member states. Citing trade imbalances, alleged unfair subsidies, and national security concerns, the new measures mark a significant shift in global trade dynamics. Effective from…