The Prague Post - Rubio departs for whirlwind Asia trip overshadowed by tariffs

EUR -
AED 4.305338
AFN 82.06272
ALL 98.237936
AMD 450.393493
ANG 2.098009
AOA 1075.016948
ARS 1470.680962
AUD 1.797024
AWG 2.110175
AZN 1.983107
BAM 1.953774
BBD 2.365547
BDT 142.93544
BGN 1.954895
BHD 0.441975
BIF 3447.79123
BMD 1.172319
BND 1.49786
BOB 8.095605
BRL 6.386209
BSD 1.171685
BTN 100.346945
BWP 15.64238
BYN 3.834157
BYR 22977.459406
BZD 2.35338
CAD 1.602971
CDF 3383.313846
CHF 0.933225
CLF 0.02883
CLP 1106.352775
CNY 8.410277
CNH 8.42339
COP 4749.804278
CRC 592.290873
CUC 1.172319
CUP 31.066463
CVE 110.903791
CZK 24.644504
DJF 208.344591
DKK 7.460916
DOP 70.456182
DZD 152.007489
EGP 58.242939
ERN 17.58479
ETB 159.933661
FJD 2.636253
FKP 0.859711
GBP 0.86312
GEL 3.177044
GGP 0.859711
GHS 12.182471
GIP 0.859711
GMD 83.80846
GNF 10147.596282
GTQ 9.004893
GYD 245.128359
HKD 9.202596
HNL 30.890898
HRK 7.534144
HTG 153.770547
HUF 400.114596
IDR 19071.291307
ILS 3.926297
IMP 0.859711
INR 100.476971
IQD 1535.738358
IRR 49383.952848
ISK 142.976378
JEP 0.859711
JMD 187.000874
JOD 0.831119
JPY 172.073319
KES 151.812611
KGS 102.519814
KHR 4713.896336
KMF 492.958703
KPW 1055.085172
KRW 1609.863899
KWD 0.358155
KYD 0.976429
KZT 608.778724
LAK 25263.481573
LBP 105039.814409
LKR 352.213783
LRD 235.049299
LSL 20.856085
LTL 3.461554
LVL 0.709124
LYD 6.338456
MAD 10.556737
MDL 19.830198
MGA 5193.374785
MKD 61.52552
MMK 2460.949065
MNT 4207.234357
MOP 9.473761
MRU 46.546912
MUR 52.883124
MVR 18.059126
MWK 2035.735816
MXN 21.830638
MYR 4.971796
MZN 74.981553
NAD 20.855816
NGN 1798.419923
NIO 43.082789
NOK 11.836006
NPR 160.556879
NZD 1.95685
OMR 0.450755
PAB 1.171595
PEN 4.155281
PGK 4.835818
PHP 66.343887
PKR 333.231604
PLN 4.243784
PYG 9337.556324
QAR 4.267948
RON 5.07274
RSD 117.113572
RUB 92.024727
RWF 1681.105959
SAR 4.396635
SBD 9.773538
SCR 16.526453
SDG 703.96548
SEK 11.167385
SGD 1.500469
SHP 0.921259
SLE 26.37312
SLL 24582.955062
SOS 669.993468
SRD 43.755059
STD 24264.643796
SVC 10.251632
SYP 15242.341676
SZL 20.855855
THB 38.193915
TJS 11.253606
TMT 4.114841
TND 3.418564
TOP 2.745692
TRY 46.955992
TTD 7.948825
TWD 34.142046
TZS 3095.148215
UAH 48.938405
UGX 4211.632726
USD 1.172319
UYU 47.042423
UZS 14917.763773
VES 131.637158
VND 30638.566407
VUV 139.299685
WST 3.212728
XAF 655.288674
XAG 0.032061
XAU 0.000355
XCD 3.168252
XDR 0.814327
XOF 652.98208
XPF 119.331742
YER 283.525203
ZAR 20.857062
ZMK 10552.277921
ZMW 28.38157
ZWL 377.486355
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Rubio departs for whirlwind Asia trip overshadowed by tariffs
Rubio departs for whirlwind Asia trip overshadowed by tariffs / Photo: Andrew Harnik - GETTY IMAGES NORTH AMERICA/AFP

Rubio departs for whirlwind Asia trip overshadowed by tariffs

US Secretary of State Marco Rubio departed for Malaysia on Tuesday for meetings with ASEAN allies, a trip that has been overshadowed by fears of a trade war.

Text size:

The brief trip to Kuala Lumpur is intended to allow Rubio, who is also President Donald Trump's national security advisor, to focus on US policy in Asia after months of Washington concentrating on conflicts in Ukraine and the Middle East.

"In his first trip to Asia as Secretary of State, Secretary Rubio is focused on reaffirming the United States' commitment to advancing a free, open, and secure Indo-Pacific region," spokeswoman Tammy Bruce said in a statement, using Washington's traditional wording on curbing China's growing influence in the region.

A senior State Department official told reporters that prioritizing and reaffirming Washington's commitment to East Asia and Southeast Asia "is in America's interest."

"I think there's been a lot of outreach, a lot of engagements, and I wouldn't judge the level of interest and priority based solely on how many physical trips there have been," the official said on condition of anonymity.

As with any trip to Asia by a US official, China will be the elephant in the room amid concerns over its expansionist behavior in the South China Sea, which the United States deems to be provocative.

- 'Rebalance' trade relationships -

But this visit also comes as many countries around the world fear the imposition of punitive tariffs. Sweeping levies Trump announced in April were mostly suspended, as Washington engages in negotiations with friends and foes alike.

On Monday, Trump said he would impose 25 percent tariffs on key US allies Japan and South Korea and a handful of others, including Southeast Asian nations Malaysia (25 percent) and Laos (40 percent), as of August 1.

Export-dependent Vietnam, which like Malaysia and Laos is a member of the Association of Southeast Asian Nations (ASEAN), is one of the few countries to already reach a tentative agreement with Washington that spares it the high level of levies that Trump had threatened.

At a summit in late May, Southeast Asian leaders expressed their deep concern at Trump's protectionist offensive.

The senior US official said the issue was expected to be raised, and that Rubio would likely tell ASEAN that the United States wants to "rebalance" its trade relationships.

Rubio's visit to Kuala Lumpur Thursday and Friday coincides with that of his Russian and Chinese counterparts, Sergei Lavrov and Wang Yi.

While there, Rubio is scheduled to attend a meeting with his counterparts from ASEAN and with a gathering of both ASEAN and East Asian foreign ministers.

Last week, Rubio welcomed foreign ministers from Australia, India and Japan to Washington, where they pledged to work together to ensure a stable supply of critical minerals.

China's domination of such resources -- essential to new technologies -- is causing increasing concern in western Europe and the United States.

P.Svatek--TPP