President Donald Trump’s “Liberation Day” announcement has sent shockwaves through global markets, with sweeping tariffs raising concerns over global growth. As ASEAN becomes increasingly central to both U.S. and China’s economic strategies, what will these trade moves mean for the region—and for Singapore?

Antonio Fatas, Professor of Economics at INSEAD, shares his views on the implications of the new tariffs on Southeast Asia’s economies and why Trump's move could see more integration within Asia, and an isolated US.

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