The Fort Worth Press - Rubio departs for whirlwind Asia trip overshadowed by tariffs

USD -
AED 3.6725
AFN 63.500824
ALL 83.072963
AMD 375.623475
ANG 1.790083
AOA 916.999968
ARS 1389.4679
AUD 1.447408
AWG 1.8
AZN 1.704105
BAM 1.695072
BBD 2.009612
BDT 122.428639
BGN 1.709309
BHD 0.377609
BIF 2964.709145
BMD 1
BND 1.2851
BOB 6.894519
BRL 5.158298
BSD 0.997742
BTN 92.939509
BWP 13.688562
BYN 2.956504
BYR 19600
BZD 2.006665
CAD 1.391855
CDF 2295.999923
CHF 0.797975
CLF 0.023224
CLP 917.000181
CNY 6.885598
CNH 6.8823
COP 3662.46
CRC 464.279833
CUC 1
CUP 26.5
CVE 95.56558
CZK 21.229903
DJF 177.673004
DKK 6.47254
DOP 60.312178
DZD 133.062353
EGP 54.225598
ERN 15
ETB 155.800822
EUR 0.86614
FJD 2.253798
FKP 0.755399
GBP 0.755375
GEL 2.685001
GGP 0.755399
GHS 10.970563
GIP 0.755399
GMD 74.000355
GNF 8752.513347
GTQ 7.632939
GYD 208.828972
HKD 7.837415
HNL 26.504427
HRK 6.529021
HTG 130.952897
HUF 333.787994
IDR 16989.95
ILS 3.136855
IMP 0.755399
INR 92.680196
IQD 1307.141959
IRR 1319125.000261
ISK 125.069782
JEP 0.755399
JMD 157.303566
JOD 0.708998
JPY 159.59897
KES 129.804652
KGS 87.448804
KHR 3990.137323
KMF 427.000013
KPW 899.984966
KRW 1508.925041
KWD 0.30934
KYD 0.831502
KZT 472.805432
LAK 21970.392969
LBP 89502.03926
LKR 314.804623
LRD 183.088277
LSL 16.955078
LTL 2.95274
LVL 0.60489
LYD 6.380628
MAD 9.374033
MDL 17.55613
MGA 4171.343141
MKD 53.422776
MMK 2099.725508
MNT 3578.768806
MOP 8.055104
MRU 39.637211
MUR 46.940154
MVR 15.45972
MWK 1730.071718
MXN 17.844815
MYR 4.031024
MZN 63.949922
NAD 16.954711
NGN 1378.750063
NIO 36.712196
NOK 9.744502
NPR 148.701282
NZD 1.75222
OMR 0.384545
PAB 0.997734
PEN 3.45194
PGK 4.316042
PHP 60.415499
PKR 278.39991
PLN 3.70495
PYG 6454.29687
QAR 3.638018
RON 4.415102
RSD 101.772347
RUB 80.163971
RWF 1457.240049
SAR 3.754249
SBD 8.038772
SCR 14.425806
SDG 600.999763
SEK 9.431399
SGD 1.285395
SHP 0.750259
SLE 24.649948
SLL 20969.510825
SOS 570.192924
SRD 37.35098
STD 20697.981008
STN 21.233539
SVC 8.730169
SYP 111.309257
SZL 16.948198
THB 32.57994
TJS 9.563492
TMT 3.51
TND 2.941459
TOP 2.40776
TRY 44.592494
TTD 6.768937
TWD 31.951799
TZS 2599.999902
UAH 43.698134
UGX 3743.234401
UYU 40.405091
UZS 12122.393971
VES 473.390503
VND 26342.5
VUV 119.350864
WST 2.77386
XAF 568.506489
XAG 0.013691
XAU 0.000214
XCD 2.70255
XCG 1.798209
XDR 0.70704
XOF 568.516344
XPF 103.361457
YER 238.650389
ZAR 16.953851
ZMK 9001.187821
ZMW 19.281421
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSD

    0.1100

    22.26

    +0.49%

  • BCC

    -1.8800

    73.2

    -2.57%

  • JRI

    0.0900

    12.61

    +0.71%

  • BCE

    -0.9300

    24.45

    -3.8%

  • NGG

    1.1500

    87.99

    +1.31%

  • CMSC

    0.0500

    22.04

    +0.23%

  • VOD

    0.0800

    15.21

    +0.53%

  • RYCEF

    0.9000

    15.99

    +5.63%

  • RELX

    0.3600

    33.59

    +1.07%

  • RIO

    -0.3600

    94.45

    -0.38%

  • BTI

    0.3900

    58.28

    +0.67%

  • GSK

    0.7000

    56.69

    +1.23%

  • AZN

    2.7600

    203.49

    +1.36%

  • BP

    0.9500

    47.12

    +2.02%

Rubio departs for whirlwind Asia trip overshadowed by tariffs
Rubio departs for whirlwind Asia trip overshadowed by tariffs / Photo: © 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.

T.Dixon--TFWP