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Bloomberg

Southeast Asia Leaders Make a Veiled Jab at US Tariff Actions

Southeast Asian leaders called out unilateral trade actions in a joint statement late Tuesday, without specifically mentioning the US — the region's largest export customer. 'We note the continued rise in unilateral actions relating to tariffs and other trade and investment restrictions and the growing risk of global fragmentation,' the leaders of the Assocation of Southeast Asian Nations said in a statement. Asean leaders had been meeting in Kuala Lumpur, Malaysia.