Can Southeast Asia Avoid Hierarchy?
... authoritarian ones—ultimately restricting freedoms for many nations and hurting prosperity and security. At the same time, U.S. President Donald Trump’s decision to raise duties and tariffs on various groups of countries, including friendly ones, has put ASEAN in an extremely difficult position. Southeast Asia is about to be hit by a “tsunami of imports” from China, as bilateral trade is already approaching the trillion-dollar mark, while the region is unlikely to be able to tap into the U.S. domestic market to make up for the imbalance. As a ...