Reported 1 day ago
The escalating trade war initiated by U.S. President Donald Trump poses significant challenges to Asian economies, which have benefited from export-driven growth. With higher tariffs on various imports, including autos and pharmaceuticals, countries like China, Japan, Taiwan, South Korea, Vietnam, and India are bracing for economic impact, leading to shifts in manufacturing and trade strategies. This uncertainty is causing companies to reconsider their operations amidst rapidly changing trade dynamics.
Source: YAHOO