ASEAN seeks US collaboration on trade, avoids tariffs

Southeast Asia's economic managers are seeking open communication and collaboration with the US in response to President Donald Trump Jr.'s 'reciprocal tariffs', rather than engaging in a trade war.

The Association of Southeast Asian Nations (ASEAN) has committed not to impose retaliatory measures against the US, emphasizing diplomacy over confrontation, as stated in their joint statement issued on April 10 via video conference.

ASEAN reaffirmed its readiness to work with the US under the ASEAN-US Trade and Investment Framework Agreement (TIFA) and Expanded Economic Engagement (E3) Workplan to explore mutually acceptable solutions on issues of common interest such as two-way trade, investment, and supply chain connectivity.

The regional bloc also emphasized deepening its regional economic integration to expand opportunities amid global challenges and maintain a predictable, transparent, non-discriminatory, fair, inclusive, and open regional economy that ensures growth in trade and development.

There are concerns within Southeast Asia about ASEAN's effectiveness and relevance amid fluid political and economic developments and major power competition.