US not ruling out more tariffs on Asean countries
The US has not ruled out imposing another round of tariffs on Asean member nations if ongoing trade negotiations fail to deliver outcomes favourable to Washington.
US trade representative Jamieson Greer said the US is in the process of negotiating deals and establishing a stable economic relationship between the United States and Asean, reported Bernama.
“What we are focused on at this stage is the negotiations, not tariffs,” he said when asked if further tariffs were on the table.
“That being said, if we are unable to reach agreements, tariffs remain a possible option,” Greer told reporters on the sidelines of the 57th Asean economic ministers meeting and related events here.
US president Donald Trump previously said the US might impose “fairly substantial” tariffs on semiconductor imports, though no such measures had been implemented…
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