Asia Pacific News
LAST UPDATE: July 23, 2025
Trump says US will charge 19% tariff on goods from Philippines
President Trump announced on July 22, 2025 that the US will impose a 19% tariff on imports from the Philippines, while US goods entering the Philippines will face zero tariffs. He framed this as part of a concluded trade deal following a visit from Philippine President Bongbong Marcos. (Reuters, Reuters)
Insight
This tariff decision reflects a strategic shift: leveraging trade policy to reinforce bilateral ties and push US protectionist goals, while easing barriers for US exports. It illustrates Trump’s assertive approach to trade deals, combining negotiated concessions and targeted tariffs.
Trump may travel to China to meet Xi in ‘not-too-distant future’
On July 22, 2025, Trump said he had been invited by President Xi and “probably” will visit China in the “not-too-distant future,” possibly during an Asia tour, APEC summit, or Beijing WWII ceremony. It would mark his first face-to-face meeting with Xi since starting his second term. (Reuters, Yahoo!)
Insight
Trump appears to be actively pursuing high-level diplomacy with China, signaling a potential shift toward thawing tensions. The move underscores the role of personal diplomacy in his foreign policy and suggests readiness to engage strategically ahead of his self-imposed August tariff deadline.
Thailand Says Nearing Deal With US to Lower 36% Export Tariff
Thailand is reportedly close to securing a deal with the US to reduce a threatened 36% tariff on its exports before the August 1 deadline, as stated by Finance Minister Pichai Chunhavajira. (Bloomberg.com, ブルームバーグ・ロー)
Insight
Thailand’s efforts reflect proactive diplomacy to fend off punitive tariffs. The agreement—if confirmed—would demonstrate the effectiveness of pre-emptive trade talks and contribute to regional economic stability by averting trade escalation.
Indonesia targets foreign investment with new AI roadmap, official says
On July 22, 2025, Indonesia announced plans to finalize its first national AI strategy by next month, aiming to boost foreign investment in AI and semiconductors. Deputy Minister Nezar Patria emphasized infrastructure, health, agriculture, and critical minerals to position Indonesia in the global tech supply chain. (Reuters, The Economic Times)
Insight
Indonesia is executing strategic economic diversification by aligning AI policy with investment incentives. By integrating AI with agriculture, health, and minerals, the country is attempting to move beyond low-cost manufacturing toward higher-value tech leadership in Southeast Asia.
