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United Asean no match for Trump’s tariffs, says ex-US trade negotiator
Free Malaysia Today
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2/11/2025
Stephen Olson says US president Donald Trump will ‘do what he wants’ whether or not Asean puts up a unified front in the face of sweeping tariffs.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/02/11/united-asean-no-match-for-trumps-tariffs-says-ex-us-trade-negotiator/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/11/asean-bersatu-tak-dapat-lawan-tarif-perdagangan-trump-kata-bekas-perunding-as/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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#FMTNews #DonaldTrump #Asean #US #Tariffs
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Transcript
Display full video transcript
00:00
A united front against US President Donald Trump's terrorist plan will do little to mitigate
00:07
the expected impact on ASEAN's export-driven economy.
00:13
This is what former US trade negotiator Stephen Olsen told FMT, adding that ASEAN must now
00:19
take steps to avoid ending up as collateral damage in the US-China trade war.
00:26
He said Malaysia, Indonesia and Vietnam have seen their trade surpluses with the US bolstered
00:33
by exports from Chinese production facilities that have relocated to their shores.
00:39
Olsen, a member of the US negotiating team for the US-Canada Free Trade Agreement, said
00:46
Trump views these surpluses as a sign that the US is losing in trade.
00:52
He also suggested Malaysia, as the ASEAN chair, engage in private diplomacy with US officials
00:59
to show them how the US stands to benefit from its trade and investment ties with the region.
01:06
Olsen said ASEAN should also provide the US with real or symbolic gestures to address
01:12
Trump's trade concerns.
01:15
China, Mexico and Canada were the first to be hit by the increased tariffs under Trump's
01:21
America First trade policy.
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1:39
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