Trump’s tariff: Negotiations could take longer for smaller economies, says Lao Minister

The Star

Negotiations with the United States on tariffs could take longer than expected, says Lao Deputy Finance Minister, Soulivath Souvannachoumkham.  He said the three-month pause on the implementation of reciprocal tariffs, which President Donald Trump had announced on Thursday (April 10) may not be sufficient to complete negotiations.  Read more at https://tinyurl.com/4z8s6rhz   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Actually, this is the new issue and very important issue for ASEAN countries together with other

00:12countries in the world and also my country as well. So probably it's one of the impact

00:20that we will be experiencing in the coming months. We are now preparing to discuss among

00:29ASEAN countries. So how we can do in terms of the ASEAN blocks and also individually in

00:38terms of the bilateral how we can discuss with the U.S. to solve this problem and also

00:45find the solution between two countries in order to improve the trade and also to improve

00:52the investment in the country who will be affected by the new tariffs imposed by the

00:59Trump administration.

01:00So do you think three months is enough time for all the countries?

01:05It's very short from my view and I think it's going to take longer and it's going to be difficult

01:14of course and challenging for many countries, especially small countries and small economies

01:20like our country because the bargaining power is not that powerful or influenced. So therefore,

01:29we expect the negotiation would be more longer than expected.

01:36We expect the negotiation would be more than expected.

01:37We expect the negotiation would be more than expected.

01:43We expect the negotiation would be more than expected.

01:44We expect the negotiation, whether now and ever exactly what we say, possiblyuma coffee

01:44is because the negotiation would be more than expected.

01:45But how we expect the negotiation would be more than expected and we expect improve the

01:49newatar ans.

01:50We expect the negotiation, whether or not to otros,�� in the revenir, to each位

01:51that would be more than expected.

01:53It is a little bit of a spectrum of change because I think it's significantly due to the

01:54opportunity.

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