US-China trade war: Will Asean benefit?

This is the ninth of 12 primers on current affairs issues that are part of the outreach programme for The Straits Times-Ministry of Education National Current Affairs Quiz.

Chong Koh Ping

Business Correspondent

Workers at the assembly line of the new plant of VinFast, Vietnam's first home-grown car manufacturer. Analysts have singled out Vietnam as a clear winner of US tariffs on China. US imports of dutiable products from the country surged 29 per cent in the first four months of this year. PHOTO: AGENCE FRANCE-PRESSE

Updated

Published

Jul 15, 2019, 05:00 AM

The tit-for-tat tariff war between the world's two largest economies has dragged on for more than a year, rattling markets and hurting global growth.

For a second time, United States President Donald Trump and Chinese President Xi Jinping have agreed to a truce, consenting to resume stalled trade talks and suspend new tariffs. But, unlike before, they have not indicated a deadline to reach a deal.

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