SINGAPORE/KUALA LUMPUR/JAKARTA/HANOI — When U.S. President Donald Trump hit ASEAN nations with tariffs averaging 33%, it exposed the vulnerability of the region’s success as a global production hub.
At a regional meeting last week in Kuala Lumpur, leaders sought to demonstrate unity. Malaysian Prime Minister Anwar Ibrahim, this year’s ASEAN chair, said the world is “witnessing the fraying of the global order.”
