US latest tariff rates for Southeast Asian countries:
Vietnam 20%
Indonesia 19%
Philippines 19%
Thailand 19%
Cambodia 19%
Malaysia 19%
Singapore 10%
Myanmar 40%
Laos 40%
Transit tariffs:
Vietnam 40%; Indonesia 19% plus the reciprocal tariffs of each country
The largest exports from Southeast Asian countries to the United States are Vietnam, while the rest of the countries are not that much, and they have maintained in the range of hundreds of billions of dollars every year, even less than tens of billions of dollars, so it's just like that. And these Southeast Asian countries, their imports from the United States have always been small, because American goods are too expensive, which leads to the United States being at a disadvantage in a certain sense.
These Southeast Asian countries basically have zero tariffs on the US, and the import and export tariffs are as such. Among them, Laos and Thailand are the most affected countries. Thailand and Cambodia received the final reduction, which is worth being happy about. No matter what, the Southeast Asian Association is China's largest trading partner, and trade with the United States may be ranked after the top three or four. In any case, we China are the anchor of ASEAN, as long as we are there, ASEAN can remain stable.
In reality, Myanmar and Laos are able to get 40% tariffs, which is indeed quite high. Cambodia and Thailand reduced their tariffs from 36 to 19, which is really a blessing. Vietnam was the first to kneel, but did not get the most favorable tariff rate, which can only be said that all previous actions were in vain.
Indonesia, Singapore, and Malaysia, etc., are relatively better with the US, which is already very good. Overall, the final result of the tariff negotiations, Laos and Myanmar are not satisfied, while the other countries are barely acceptable, which is already very good.
Original article: https://www.toutiao.com/article/1839222040545418/
Statement: The article represents the personal views of the author.