MP SPEAKS | In a move that sent shockwaves through global markets early this morning, the US announced a sweeping imposition of country-specific tariffs on all Asean member states.

Citing trade imbalances, alleged unfair subsidies, and national security concerns, the new measures mark a significant shift in global trade dynamics.

Effective from April 9, the tariffs - ranging from 10 percent to nearly 50 percent - will apply to almost all products exported from Asean countries to the US, with only a few exceptions.

While the severity varies across nations and sectors, the message is unmistakable - the world is entering a new era of...