MIL-OSI Russia: Asian leaders express concern over US tariff policy

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

TOKYO, June 1 (Xinhua) — Political leaders and former heads of state from across Asia have expressed concern over the U.S. government’s tariff policies, calling for stronger unity among Asian countries to overcome common challenges.

Speaking at the 30th Future of Asia Forum held in Tokyo from May 29 to 30, Singapore’s Deputy Prime Minister Gan Kim Yong warned that the current global trading order was under threat.

He called on Asian countries to unite in addressing trade issues arising from US tariffs and stressed the importance of enhancing cooperation within ASEAN and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), especially in the areas of trade and industry.

Cambodian Prime Minister Hun Manet said trade wars were undermining the free, open, inclusive and rules-based multilateral trading system, disproportionately affecting the most vulnerable. He called for unity among countries facing pressure over tariffs.

Lao President Thongloun Sisoulith stressed the importance of peaceful coexistence and mutual respect, noting that while Laos has limited trade with the United States, high tariffs could still affect its economy and investment climate.

Vietnam’s Deputy Prime Minister Nguyen Chi Dung said the US tariffs were having a significant impact on Vietnam’s exports and investments.

Former Malaysian Prime Minister Mahathir Mohamad has criticised US tariff measures, saying they could hurt the American economy and raise the cost of living at home.

The Future of Asia Forum, organized by Nikkei, has been held annually since 1995. This year’s event is themed “Challenging Asia in a Turbulent World.” –0–

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