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Trump’s Asia tour set to spotlight trade challenges


Malaysia has been hit by US tariffs of 19% on its exports and US President Donald Trump is considering imposing additional tariffs on imported chips. (AP pic)
WASHINGTON:

US president Donald Trump’s trip to Asia, which begins Sunday, carries significant economic stakes for countries around the region, with multiple tariff deals still pending and a trade dispute simmering between Washington and Beijing.

Trump will visit Malaysia from Oct 26 to 27 for the Asean summit.

He will then travel to Japan before attending the Asia-Pacific Economic Cooperation (Apec) summit in South Korea starting Oct 29.

Here follows some of the key issues:

Malaysia: agreement on track

Malaysia is expected to finalise a trade deal with Washington during Trump’s visit to Kuala Lumpur, with negotiations “99.9%” complete, according to Malaysian Prime Minister Anwar Ibrahim.

The governments will also sign “initial agreements” to strengthen trade and investment, he said. “Semiconductors, AI, digital…

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