The regional bloc has concluded negotiations to upgrade agreements that target easier trade - not just within the grouping itself, but also with its top economic partner, China.
ASEAN has concluded negotiations on upgrading the ASEAN Trade In Goods Agreement (ATIGA) and the China-ASEAN Free Trade Area (CAFTA), with the enhanced deals set to be signed in October, Malaysia’s Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz told reporters on Sunday (May 25) ahead of the 46th ASEAN summit.
ASEAN is China’s largest trading partner, with the value of total trade reaching US$234 billion in the first quarter of 2025, according to Chinese customs data.
Congrats Donald you have only accelerated the dismantling of U.S. hegemony and created inflation in your own country for no material gain whatsoever you fucking nitwit
No, he personally had material gain.
The days of the US empire are over; and now begins the age of a new Chinese empire.