Ep 247: The Impact of Trump's Tariffs in ASEAN & Asia Pacific One Week On - Part 1

About This Episode

8 Apr 2025 β€’ 25m44s

What will the new round of US protectionist trade tariffs mean for the economies of ASEAN and Asia Pacific? Over the past seven days, we’e seen stock markets crash, currencies come under pressure and governments entering into panic mode. The long-term shockwaves for the global and regional economies are uncertain, and the fallout for the travel industry is still speculative.

In the first of a two-part podcast, Gary navigates through the headline news of the past week, addresses the rationale for the exceptionally high tariff rates slapped on several ASEAN economies, and the reasons that governments are not retaliating. He also discusses why Vietnam is the high-watermark case study, with perhaps the most at stake, and the options open to its trade negotiators to shore up the short-term damage and re-plan for the future.

Part 2, coming later this week, will delve into the intra-ASEAN implications, the view from China and the outlook for travel and tourism across the region.

View All Episodes

Latest Episodes Catch up with the pods you may have missed

Play
5 May 2025 β€’ 32m10s

Ep 252: From 40,000 to 152 Billion: South East Asia's Top 8 Travel & Tourism Statistical Talking Points

South East Asia comprises 10 diverse nations and nearly 700 million people spread across a vast landmass. Consequently, the numbers are often large, impactful and scaleable - and travel and tourism are no exceptions. This week, Gary and Hannah select the Top 8 statistical talking points from across the region. These cover inbound and outbound travel, ASEAN vs APAC airline seat capacity, the Hajj pilgrimage from Indonesia, human capital development in Vietnam – and electrified living everywhere.
Play
27 Apr 2025 β€’ 33m31s

Ep 251: Mixed Travel & Tourism Vibes Across South East Asia: April 2025 in Review

April began with the announcement of US “reciprocal tariffs”, which ranged from 10% to 49% on exports from South East Asian nations. This has created toxic uncertainty across all industries in the region, notably business travel. But before the tariff turmoil, Q1 had delivered mixed results for travel and tourism, with the Eid al-Fitr holiday numbers particularly weak in Malaysia and Indonesia. Was this the result of the Lunar New Year and Eid public holidays being in the same quarter, or are we at the start of a cyclical travel slowdown in ASEAN?