ASEAN’s supply-chain charm wears thin under Trump’s tariff wrath

Written By Aizat Sultan

Business Times | 3 April 2025

Export-reliant South-east Asia could lose its lustre as the darling of global supply-chain diversification, with US President Donald Trump announcing harsher-than-expected tariffs on its trading partners.

Asean member states were blitzed by levies announced on Wednesday (Apr 2), ranging from the baseline 10 per cent tax on all American imports to additional reciprocal duties that bring the final tariff to as high as 49 per cent.

Aizat Sultan
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