Trump’s duties threaten Asian exports: feverish negotiations in 90 days to avoid commercial clash

John

By John

Vietnam, Japan, Taiwan. The main ones Exports economies of Asia were the first to run to Washington to negotiate a compromise on US customs dutiestaking advantage of the partial suspension of 90 days. Main objective of Trump measureswith duties between 30 and 50%, countries, especially those of South East Asiatry to make a common front, also waiting for a clear strategy by the China. The Chinese president, XI Jinpingin full war duties with the USA, it has just arrived today in Cambodiaafter the stages of the Vietnam and of the Malaysiain an attempt to strengthen the regional commercial bonds and to compensate for the impact of the huge rates imposed by the USA. Meanwhile, a delegation from Japan was received at the White house. But the discussions also started for Taiwan, South Korea, Indonesia And Singapore.

VIETNAM: as soon as the huge increases in the customs rates were “suspended”, on April 10, Hanoi has announced the opening of the negotiations. The deputy prime minister I have duc phocin charge of these interviews, is a Washington For several days, where he met the commercial representative of the United States, Jamieson Greer. The Vietnamthreatened by surplus of 46%, ensured that he wanted to buy more American productsincluding equipment for the defense. Washington also suspects that the country, an important center manufacturingis helping the China to evade American customs duties. The Vietnam has the fourth commercial surplus larger with the United States, equal to 123.5 billion dollars in 2024. They follow Taiwan (73.9 billion dollars), Japan (68.5 billion dollars), South Korea (66 billion dollars), India (45.7 billion dollars) e Thailand (45.6 billion dollars).

SOUTH KOREA: Seul has announced further massive aid packages equal to 4.9 billion dollars for thesemiconductor industry and 2 billion dollars for car manufacturers. But the country also counts on dialogue: the Minister of Finance Choi Sang-Mok will be received next week from his counterpart Scott Bessent. «Trump aims to build factories in the United Statesto create jobs. For the Koreathis means that we must expand ours trade focused on the United States and reduce our dependence on exports to China», Warn Kim Dae-Jong from the Sejong University by Seoul. The companies of semiconductors They could be forced to relocate in the United States, he said to the FP. According to him, “the government must go beyond political rhetoric and present a Concrete road table»And” strengthen the international cooperation».

INDONESIA: threatened by surcharges of 32%, theIndonesia he sent a delegation led by the Minister of Economy to the United States from 16 to 23 April Airlanggga Hartarto. Jerk is considering increasing Indonesian imports of US productsin particular Liquefied natural gas And petroliumto reduce its commercial surplus of $ 17.9 billion with the United States.

SINGAPORE: Gan Kim Yongdeputy prime minister and minister of Trade of Singapore, said he spoke to Jamieson Greer April 15 to “explain it Unique status of small businesses».

JAPAN: yesterday the Japanese negotiator Ryosei Akazawa He met the President of the United States in Washington Donald Trump, Jamieson Greer and the Treasury Secretary Scott Bessentwithout however making any immediate progress. A new meeting is scheduled for the end of April e Akazawa He assured that the United States aim for an agreement “within 90 days”. «The next interviews will not be easy, but the president Trump expressed his will to give the utmost priority to the negotiations with the Japan», The Prime Minister insisted Shigeru Ishibasaying ready to meet personally Donald Trump. The Japanstrict Washington ally and the main source of Foreign investments in the United Statesrisks a 24%general customs superet, which is added to car taxes 25% already in force. Last year, the cars They represented about 28% of Japanese exports to the United States.

Taiwan: Taipei He said he kept the first discussions by videoconference with «important US officials»On April 11th. Taiwanese President Lai ching-te He said that the island is trying to protect his exporters from rates which can reach up to 32 percent, it is “On the first negotiation list of the United States government ». Washington is the main guarantor of the Taiwan securityon which Beijing claims sovereignty, e Donald Trump I gladly connect this military support American to issues commerciallike those with the Japan and the South Korea. About 60% of Taiwanese exports towards the United States is made up of computer technologiesmainly semiconductorswho have been saved so far, but which could soon be taxed. The surcharges are already applied to smartphoneto the computer and to electronic devices produced throughout Asia. Under pressure, TSMCthe main Taiwanese manufacturer of the most sophisticated chips, has revealed the plan to invest another $ 100 billion in the United States. “We will work to reach Eque and competitive rates for our sector, “he said Kuo Jyh-HueiMinister of Economy.