One of the most prominent risks is the trade tension between the United States and China. The rising trade tensions may affect Emerging Asia through various channels. Import growth from ASEAN showed signs of improving in March 2019, but prospects are uncertain. While new tariff measures were announced in May 2019, the resumption of trade talks during the G20 summit sends a positive signal. The downturn in China’s imports since late 2018 has affected ASEAN to varying degrees.