Tariff hit looms over meeting of U.S. trade rep with Southeast Asian counterparts

KUALA LUMPUR, Sept 24 (Reuters) – Hefty U.S. tariffs imposed on Southeast Asian countries will loom over a meeting between U.S. Trade Representative Jamieson Greer and his regional counterparts in Kuala Lumpur on Wednesday that is meant to discuss a trade and investment agreement.
Southeast Asian countries rely heavily on exports to drive economic growth, and there is great concern about the impact of the U.S. tariffs, which have been set at 19% and 20% for most of the region. Laos and Myanmar have been hit with a 40% rate, while Singapore has a 10% tariff.
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