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The lack of movement in the US contrasts with the global economic superpower's ongoing engagement with Indonesia, Vietnam and the Philippines, which are reportedly in early-stage talks on tariff exemptions under the same regime.
According to a White House press release, Rubio’s trip aims to highlight the strength of the US’s Comprehensive Strategic Partnership with ASEAN and to reaffirm the commitment to building on the Comprehensive Partnership with Malaysia.
Rising labour costs and growing competition from neighbours are threatening Vietnam's long-standing position as Southeast Asia’s top manufacturing hub.