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Marcos backs ASEAN consensus to avoid retaliation against US
President Ferdinand "Bongbong" Marcos Jr. expressed support for the ASEAN's unified stance of avoiding retaliatory measures against the United States' recent tariff policy changes.
He commended Malaysia Prime Minister Anwar Ibrahim's leadership in convening the special ASEAN Economic Ministers' Meeting and welcomed the consensus reached.
Marcos emphasized that this approach aligns with ASEAN's dedication to dialogue, diplomacy, and a rules-based multilateral trading system.
He noted that unexpected trade barriers could negatively impact communities, supply chains, and the bloc's progress.
Several ASEAN countries face higher-than-expected US tariffs, ranging between 32% and 49%, which could be imposed starting July.
The Philippines was slapped with a 17% tariff, the second-lowest tariff among ASEAN members.
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President Ferdinand "Bongbong" Marcos Jr. is attending the 46th ASEAN Summit in Malaysia to push for a unified ASEAN response to new US tariffs.
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Philippine President Ferdinand "Bongbong" Marcos Jr. has returned to Manila after attending the 46th ASEAN Summit and Related Summits in Kuala Lumpur, Malaysia.
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Southeast Asian leaders will voice significant concerns regarding the US tariff increases imposed by President Donald Trump during their upcoming summit, highlighting the challenges these unilateral actions present to regional economic growth and stability.
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President Ferdinand "Bongbong" Marcos Jr. has arrived in Malaysia to attend the 46th ASEAN Summit and Related Summits, accompanied by First Lady Liza Araneta-Marcos and key cabinet members.
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