US to seal Southeast Asia trade deals in coming months
Tariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff.
Tariff rates have been set at 19 percent and 20 percent for most of the region. Laos and Myanmar have been hit with a 40 percent rate, while Singapore has a 10 percent tariff.
This move contrasts with the US, which China wants to portray as "unreliable" and blatantly flouts trade rules.
The trip, led by US Representative Adam Smith, the top Democrat on the House Armed Services Committee, is the first delegation of House lawmakers to visit China since 2019.
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