BANGKOK/JAKARTA/HANOI — The disruption caused by the Trump administration’s fast-changing tariff policy has roiled Southeast Asian stock markets, wiping out over $160 billion in value before a reversal fixed most, but not all, of the damage.
The uncertainty over U.S. President Donald Trump’s “reciprocal” tariffs — announced on April 2 before being largely paused a week later — has also led companies to rethink plans including an initial public offering.
