Trump’s renewed tariffs will likely expedite Asean integration
The political agenda behind levies also threatens to hurt the region’s ties with the US
Add BT as a preferred source
[WASHINGTON] The pace of politics in much of the West often slows during the summer, but this June promises to be a busy one, with the White House accelerating its efforts to rebuild US President Donald Trump’s tariff wall.
At the start of 2026, researchers at the Yale University Budget Lab calculated that the overall average effective US tariff rate for imports had jumped to its highest level since at least the Great Depression of the 1930s.
The Supreme Court in February struck down most of Trump’s so-called reciprocal and fentanyl tariffs, ruling that a US president cannot use the International Emergency Economic Powers Act to implement them.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
