<h1>Southeast Asian ministers meet as US trade tariffs threaten regional economies with rates up to 40%</h1> Southeast Asian foreign ministers convened their annual meeting amid looming US trade tariffs threatening the region's trade-dependent economies. The Malaysian Prime Minister warned that global trade is being weaponized and urged regional cohesion to counter external pressures. Six ASEAN members face potential tariff rates between 25-40% effective August 1, with only one country securing a reduced rate deal. The 10-member bloc plans to hold discussions with major trade partners including the US, China, and others while addressing internal challenges like ongoing civil conflict and border disputes. The gathering tests ASEAN's ability to maintain unity amid escalating geopolitical tensions.