Philippine's Duterte Returns to Trash 'Antagonistic and Hostile' U.S. in Chinese State Media
Former Philippine President Rodrigo Duterte trashes the U.S. as “antagonistic and hostile” in an interview with Chinese state media.
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Former Philippine President Rodrigo Duterte trashes the U.S. as “antagonistic and hostile” in an interview with Chinese state media.
Philippine President Ferdinand Marcos Jr. highlighted the significance of a cooperation agreement between the Philippines, the United States, and Japan, stating that it would change the dynamic in the South China Sea and the region. The agreement, following the first trilateral summit between the nations, aimed to deepen economic and security relations without targeting any specific country. Despite recent tensions with China over the South China Sea, Marcos emphasized that the summit's focus was on enhancing cooperation rather than confrontation.
India is reviewing its trade pact with Asean to address anomalies like the inverted duty structure disadvantaging local manufacturers. Measures such as production-linked incentive schemes, import tariffs, and import monitoring are in place to tackle the trade deficit.
China’s gradual dominance in ASEAN has given it clout over global value chains. India’s inability to make a mark in high value chains puts it at an economic disadvantage in this fast growing region
News highlights from the Asean Plus section on Wednesday (April 10)