Hey everyone! In a fresh twist on global trade, Chinese Commerce Minister Wang Wentao recently had a video call with Malaysia's Tengku Zafrul Abdul Aziz. With Malaysia holding the rotating chair of ASEAN, the chat focused on countering U.S. tariff hikes in a way that champions fair trade and mutual respect.
Wang pointed out that these so-called reciprocal tariffs ignore years of multilateral negotiations and, in his words, are a case of unilateral bullying. This move could shake up key supply chains—yes, even the ones behind your favorite tech gadgets 📱—and impact global stability.
Tengku Zafrul Abdul Aziz emphasized that Malaysia stands firmly for free and fair trade, as outlined by the World Trade Organization. The message is clear: by staying united and engaging in open dialogue, countries like China and ASEAN members can better safeguard their interests.
For young professionals and tech enthusiasts across South and Southeast Asia, such high-level talks signal that global economic shifts really do affect our everyday lives—from the latest smartphone trends to the reliability of worldwide supply chains. Stay tuned as we watch these dynamic changes unfold!
Reference(s):
cgtn.com
