Brussels: President Donald Trump's imposition of tariffs on 168 countries, despite widespread global condemnation, has inadvertently accelerated alliance formation between the ASEAN and EU, potentially strengthening their economic resilience against future risks.

According to BERNAMA News Agency, Chris Humphrey, Executive Director of the EU-ASEAN Business Council, highlighted that Trump's tariffs might prompt officials from both groupings to reconsider the EU-ASEAN Free Trade Agreement, which was suspended in 2009.

Humphrey observed a shift in mindset within Europe, noting an increased focus on international partnerships, particularly with ASEAN. This sentiment was echoed during his recent meeting in Singapore with Maros Sefcovic, European Commissioner for Trade and Economic Security, who emphasized the need to expedite trade deals within ASEAN countries. Humphrey underscored that Trump's approach, while disruptive, is prompting countries to reassess and strengthen their economic strategies.

The current geopolitical climate has pushed ASEAN higher on the EU's agenda, as both blocs share a commitment to a global rules-based trading order and sustainable economic development. Humphrey anticipates increased interactions and business engagements between Europe and Southeast Asia, driven by ASEAN's economic growth, urbanization, and youthful, tech-savvy population. Potential areas for enhanced cooperation include energy, automotive, pharmaceuticals, and semiconductors.