Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA

A trade war between the United States and China resulted in an increase tariffs on imported goods entering each of these countries. Southeast Asian countries that have relations with two countries, especially terms non-oil gas exports 25% to 35%, will be affected by export demand. Furthermore, effects reduce gross domestic product (GDP) or ASEAN current account deficit. On other hand, led decision foreign investors move their manufacturing base out produce a flow investment is ready captured every country.