Southeast Asian Leaders Confront US Tariff Challenges Amid Myanmar Crisis

KUALA LUMPUR — Southeast Asian leaders are set to discuss pressing issues of economic stability and regional conflict during their summit on 26 May 2024. With challenges stemming from US President Donald Trump‘s recent tariff measures, the Association of Southeast Asian Nations (ASEAN) will also continue efforts to engage Myanmar’s military government in peace talks to address an ongoing civil war.

ASEAN’s Response to US Tariffs

According to a draft statement seen by AFP, ASEAN leaders are alarmed by the unilateral tariff measures initiated by the US, which they believe threaten economic growth and stability in the region. The statement acknowledges that:

  • Trump’s tariffs are upending international commerce.
  • They pose complex challenges to ASEAN’s economic integration.
  • A collective commitment to the free trading system remains essential.

Malaysian Prime Minister Anwar Ibrahim emphasized the need for a joint ASEAN action plan to tackle these threats effectively, urging member states to maintain a cohesive position in negotiations with the United States.

Myanmar’s Ongoing Crisis

The summit will also revisit the situation in Myanmar, where a coup in 2021 led to significant unrest and a protracted civil war. Anwar has reiterated Malaysia’s willingness to mediate between Myanmar’s military and opposition factions, stating:

“These negotiations need to be done many times so that an understanding can be built between each side.”

After two ministerial meetings focused on Myanmar, ASEAN foreign ministers agreed to explore the idea of appointing a permanent envoy to facilitate ongoing discussions.

Balancing Relationships with Major Powers

As ASEAN navigates these challenges, the bloc finds itself caught between the competing influences of the US and China. While seeking to address US tariff impacts, ASEAN nations are also cautious of alienating their powerful neighbour.

Observers note that even as ASEAN leaders express displeasure with US policies, they remain careful not to fully align with China, understanding the risks associated with being overly dependent on either side.

Looking Ahead

In addition to these pressing discussions, ASEAN leaders will engage with Chinese Premier Li Qiang on matching their goals within the region, while also addressing maritime disputes involving China in the South China Sea.

The diplomatic meetings in Kuala Lumpur and beyond reflect a complex landscape where regional unity, economic stability, and ongoing conflicts must all be managed simultaneously.