Trade warEuropean bloc turns to Southeast Asia in bid to hedge protectionism
Four-member EFTA concludes trade deal with Malaysia as US tariffs sweep world
Representatives from the member countries of the European Free Trade Association meet the press in Kuala Lumpur on April 24. (Photo by Norman Goh)
KUALA LUMPUR -- A European bloc comprising Iceland, Liechtenstein, Norway and Switzerland is doubling down on Malaysia and other Southeast Asian economies as strategic partners, seeking to hedge against resurgent U.S. protectionism under President Donald Trump.