Overview

• Xi Jinping will visit Vietnam, Malaysia, and Cambodia from April 14 to 18, 2025, marking a strategic push to strengthen China's regional partnerships.
• China has raised tariffs on American goods to 125%, countering the US's recent increase to 145% on Chinese imports, intensifying the trade conflict.
• Chinese exporters are facing severe losses, with reports of abandoned shipments and plummeting orders from the US due to the steep tariffs.
• China and Vietnam are expected to sign approximately 40 agreements, including infrastructure deals like rail links, during Xi's visit on April 14.
• ASEAN nations emphasize balancing ties with both the US and China, opting against retaliatory tariffs while navigating the economic fallout of the trade war.