Our Engagement With U.S. Isn’t Going as Smoothly as We Like: U.S.-Asean Business Council

The transcript discusses the implications of President Trump's absence from ASEAN meetings, focusing on the US's preoccupation with China trade deals, including the phase one agreement. It highlights the potential economic dependency of ASEAN nations on China and the challenges in US-China trade relations. The discussion also covers the current state of US-Vietnam trade relations and the broader impact of the US not participating in major trade agreements like CPTPP and RCEP, emphasizing the need for multilateral cooperation.

What is the significance of Donald Trump's absence from ASEAN meetings?

• It strengthens US-ASEAN relations.

• It indicates a potential shift of ASEAN nations towards China.

• It has no impact on international relations.

• It improves US economic ties with ASEAN.

What is the main focus of the US administration according to the transcript?

• Strengthening ties with ASEAN.

• Enhancing domestic policies.

• Improving relations with Europe.

• Focusing on trade deals with China and Japan.

What is a major concern regarding the phase one trade deal with China?

• It increases tariffs on US goods.

• It reduces agricultural exports.

• It fully addresses intellectual property rights.

• It lacks enforcement mechanisms.

How does the phase one trade deal impact the global economy?

• It causes a synchronized slowdown.

• It leads to a synchronized economic boom.

• It has no effect on the global economy.

• It resolves all trade disputes.

What is the current state of US-Vietnam trade relations?

• They are non-existent.

• They are excellent despite some trade deficits.

• They are deteriorating rapidly.

• They are solely based on military cooperation.

What is a potential consequence of the US not participating in multilateral trade agreements?

• Increased global influence.

• Improved domestic economy.

• Missing out on potential trade deals.

• Strengthened bilateral relations.

What is ASEAN's approach towards trade in light of US absence?

• Focusing solely on US partnerships.

• Exploring other trading partners.

• Reducing trade activities.

• Increasing tariffs on all imports.