ISEAS-Yusof Ishak Institute On Tariffs Impact On ASEAN

The video discusses global protectionist policies, focusing on the impact of US-China trade tensions on Southeast Asia. It highlights ASEAN's economic role and strategies for thriving in a complex trade environment. The discussion also covers ASEAN's position in US foreign policy and the regional power balance.

What is one reason for the rise in protectionist policies globally?

• Technological advancements

• Political stability

• Disenchantment with globalization

• Increased demand for local products

What might be a consequence of US tariffs on Chinese goods?

• Increased US exports to China

• Cheaper Chinese goods entering Southeast Asia

• Higher demand for US goods in Europe

• Decrease in global trade

How might the US-China strategic competition affect ASEAN countries?

• Increased access to US technology

• Tightening of export controls on critical items

• Reduction in compliance costs

• More freedom in choosing technology stacks

What challenge does Vietnam face due to its trade surplus with the US?

• Loss of trade agreements

• Increased tariffs from China

• Decrease in local production

• Potential scrutiny from the US

What is ASEAN's projected economic status by 2030?

• World's second largest economy

• World's largest economy

• World's fifth largest economy

• World's fourth largest economy

What is a key strategy for ASEAN to thrive in a complex trade environment?

• Focusing on bilateral agreements

• Increasing tariffs on imports

• Upholding regional trading regimes

• Reducing intra-ASEAN trade

How does ASEAN view its role in US foreign policy?

• As a neutral entity wanting to be valued on its own terms

• As a supporter of US dominance in the region

• As a strategic partner in US-China rivalry

• As a mediator between US and China