Sweeping reciprocal tariffs announced by the U.S. last week have just been partly reversed by President Donald Trump.<br /><br />Disruption to global trade and volatile financial markets due to US’ continued threatening of punitive measures on trading partners then underscores ASEAN's emerging role as a stabilising force amid global trade and geopolitical uncertainties.<br /><br />Niaga Spotlight features Prof Dr Pavida Pananond, Thammasat Business School at Thammasat University discussing strategic positioning of ASEAN economies as counterbalance to this fitful US hegemony - potentially mitigating recession risks via ensuring alternative, resilient manufacturing hubs and a diversified supply chain nexus.<br />
