Southeast Asia trade war not a ‘passing storm’

News Snapshot:

KUALA LUMPUR, Malaysia — Malaysian Prime Minister Anwar Ibrahim warned Wednesday that global trade is being weaponized as Southeast Asia’s foreign ministers held annual talks ahead of the looming threat of U.S. trade tariffs. Concerns about U.S. tariffs have jolted the Association of Southeast Asian Nations, a 10-member bloc that includes some of the world’s most trade-dependent economies. Six ASEAN members are among the 14 countries that could see duties on their exports to the U.S. skyrocket on Aug. 1. Launching the group’s foreign ministers’ meeting, Anwar said the world is now witnessing an era where “power unsettles principle” and...