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US Tariffs on ASEAN: Navigating New Trade Waters for Nordic Businesses in Southeast Asia

US Tariffs on ASEAN: Navigating New Trade Waters for Nordic Businesses in Southeast Asia

by Antti Rahikainen | Aug 6, 2025 | Editors Choice, ASEAN, Business, Economy, Exports, Investment, Research, Taxation

The United States introduced new tariffs on ASEAN countries through an executive order signed by President Donald Trump on 31 July 2025, marking a significant shift in US trade policy. These levies, scheduled to take effect on 7 August, present a pivotal challenge for...
Pivot to Asia Remains Attractive

Pivot to Asia Remains Attractive

by Teuvo Tuomi | Apr 11, 2025 | Asia, Business, Economy, Investment, News, Trade, Visions

Tariffs have created another new normal. Companies and individuals in all parts of the world are scrambling to make sense of what should be the response. The decision of several Asian countries to embrace free trade agreements (FTAs) is worth highlighting. There is a...
SEA Hard Hit by Trump’s Tariff Rout

SEA Hard Hit by Trump’s Tariff Rout

by Teuvo Tuomi | Apr 5, 2025 | ASEAN, Asia, Business, Economy, News, Southeast Asia, Trade

Southeast Asia has been among the hardest hit regions by Donald Trump’s tariff rout across the globe, which has dealt a heavy blow to the region’s export-reliant economies. Washington on 2 April said it will slap levies of 46% on Vietnamese exports. Thailand...
ASEAN Free Trade Spurs Rapid Growth

ASEAN Free Trade Spurs Rapid Growth

by Teuvo Tuomi | Sep 17, 2024 | ASEAN, Business, Economy, News, Southeast Asia, Trade

Trading among ASEAN countries has increased significantly since the ASEAN Free Trade Area was established in 1992. The value of inter-ASEAN trade reached US$759 billion in 2023, accounting for 21.5% of the total trade value by the member countries. Laos’ Minister of...

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