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International Business Times

Business

US Tariff Tensions Test Southeast Asian Leaders At Regional Summit

ASEAN United States Donald Trump SouthEast Asia Anwar Ibrahim China James Chin Li Qiang Economic Growth Oil

Leaders from the 10-member ASEAN bloc will discuss how to cope with the escalating trade showdown between China and the United States (Credit: AFP)

Southeast Asian leaders will express deep concern over US President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move posed huge challenges to economic growth and stability in the region, according to a draft statement seen by AFP.

Trump's tariffs has roiled global markets and upended international commerce, and left leaders from the 10-member ASEAN bloc scrambling for ways to limit the fallout on their trade-dependent economies.

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