Trump second term unlikely to benefit Asean–analysts

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Trump second term unlikely to benefit Asean–analysts - Business Mirror

Quick Summary:

The second term of US President-elect Donald Trump is unlikely to benefit Asean as the geopolitical context has changed much since then, according to United Kingdom-based think tank Oxford Economics.

Trump second term unlikely to benefit Asean–analysts President-elect Donald Trump speaks during a meeting with the House GOP conference on Nov.13, 2024, in Washington.

Another scenario which Manzano highlighted is if the US imposes strict rules on the value-added content of Asean exports.“There may be limits on the percentage of Chinese inputs allowed in goods exported from Asean to the US,” said Manzano.