Asian Leaders Voice Concerns over US Tariffs
He urged Asian countries to stand united in addressing trade issues arising from the US tariffs and emphasized the importance of expanding cooperation through the Association of Southeast Asian Nations and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), particularly in trade and industry.
Cambodian Prime Minister Hun Manet said that trade wars undermine a free, open, inclusive, and rules-based multilateral trade system, disproportionately affecting the most vulnerable. He called for unity among nations facing tariff-related pressures.
Lao President Thongloun Sisoulith underscored the importance of peaceful coexistence and mutual respect, noting that while Laos has limited trade with the United States, high tariffs could still impact its economy and investment climate.
Vietnamese Deputy Prime Minister Nguyen Chi Dung said US tariffs are having a tangible effect on Vietnam's exports and investment.
Former Malaysian Prime Minister Mahathir Mohamad criticized the US tariff measures, saying they could harm the American economy and drive up living costs domestically.
Since its inception in 1995, the "Future of Asia" forum, hosted annually by Nikkei Inc., has served as a key platform for discussing regional cooperation.
This year's forum focused on how the region can foster prosperity and economic growth through collaboration.
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The Star
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