Several trade deals and frameworks between the US and Southeast Asian countries unveiled at the recent ASEAN summit heavily favour Washington. Some analysts are concerned that the lopsided deals will push ASEAN countries towards Beijing, this as China beefs up its own trade ties with the region. Also in this edition: France’s National Assembly passes an extension on corporate tax surcharges, and the US government shutdown threatens funding for critical social services.
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Could US trade deals push ASEAN countries into the arms of China?
