Dien Luong is a visiting fellow with the media, technology and society program of the ISEAS-Yusof Ishak Institute in Singapore. Hoang Thi Ha is a senior fellow at the ISEAS-Yusof Ishak Institute and co-coordinator of its regional strategic and political studies program.
With just weeks remaining before President Donald Trump’s punishing tariffs — some as high as 50% –snap back into place, nations around the world are scrambling to secure trade deals with Washington. Trump’s 90-day pause, imposed in April to bring pressure for rapid negotiations aimed at shrinking America’s $1.2 trillion trade deficit, has countries racing against time to avert looming economic disruption and supply-chain chaos.