Special AEM Joint Statement Unilateral Tariffs Adopted

In response to recent U.S. tariff measures, ASEAN Economic Ministers voiced concern over the potential disruption to regional trade but firmly reaffirmed the enduring and strategic partnership between ASEAN and the United States.

Highlighting over four decades of strong economic ties, ASEAN called for open dialogue and mutual cooperation instead of retaliation. The statement emphasizes ASEAN’s commitment to stability, inclusive growth, and preserving trusted global partnerships, reminding the world that collaboration remains key even in challenging times.

What This Means for Canadian Business

For Canadian businesses, particularly those engaged in Southeast Asia, this moment highlights ASEAN’s maturity as a unified economic bloc that values open trade, stability, and long-term collaboration. The Council stands ready to support Canadian companies navigating this evolving landscape and to strengthen Canada-ASEAN trade ties amid global shifts.

Read the Special AEM Joint Statement below: