KABUL (Pajhwok): Leaders of the Association of Southeast Asian Nations (ASEAN) are set to meet in the Philippines from Sunday to Tuesday to discuss economic and trade issues, particularly the impact of US tariffs and ways to strengthen regional cooperation. According to Al Jazeera, the 49th ASEAN Summit will be held in Manila, the Philippine capital, from November 15 to 17. The summit comes as US President Donald Trump embarks on a trip to the Asia-Pacific region, bringing his trade policies and their impact on regional economic relations into focus. Trump is scheduled to meet Philippine President Ferdinand Marcos Jr. during a brief stop in Manila on Tuesday before travelling to Shenzhen, China, for the Asia-Pacific Economic Cooperation (APEC) summit. He is expected to meet Chinese President Xi Jinping in China. The White House has also confirmed that Trump, Xi and Russian President Vladimir Putin will hold trilateral talks for the first time. Trump’s visit to Southeast Asia comes after his administration announced new tariffs in July on dozens of trading partners, including most economies in the region. The administration announced tariffs ranging from 10 to 12.5 per cent after the US Supreme Court struck down Trump’s higher reciprocal tariffs in February. The Office of the US Trade Representative said the tariffs would apply to 60 trading partners over their…
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ASEAN leaders to discuss impact of US tariffs