Articles

Roundtable on the Future of Global Trade

Jayant Menon|Priyanka Kishore|Alex Capri|Julia Tijaja|Runchana Pongsaparn|Nick Marro

On 2 April 2025, the Trump 2.0 administration announced sweeping reciprocal tariffs aimed at eliminating the US trade deficit with individual countries – in a move hailed by US President Donald Trump as “Liberation Day”. Southeast Asian countries have not been spared, with Cambodia, Laos, Vietnam, and Myanmar among the hardest hit. Some countries, including China, have responded with retaliatory measures, raising the risk of further escalation from the US. While a temporary 90-day pause on reciprocal tariffs offers a brief respite, this period is set to expire in early July.

Power and Opposition Under Prabowo’s Political Cartel

Max Lane

After months of speculation about what a Prabowo government would be like, the picture has become clearer. A large parliamentary coalition, also described as a ‘political cartel’, has coalesced to support Prabowo and his government. The Indonesian Democratic Party of Struggle (PDIP) stands as the only party that is neither a part nor a supporter of this coalition.