Implications of Potential US-China Trade War Intensify for Asia's Economies - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Exploring the Origins, Celebrations, and Myths of Black History Month
user-iconGloria Terra
side-post-image
Luka Dončić Traded to Lakers in Monumental Deal for Anthony Davis, Shakes NBA Landscape
user-iconSam Striker
Contact Phone:
World News

Implications of Potential US-China Trade War Intensify for Asia's Economies

share-iconThursday, January 02 comment-icon4 weeks ago 7 views
News sources:
scmpSCMP
Implications of Potential US-China Trade War Intensify for Asia's Economies

Credited from: SCMP

  • Wall Street analysts are concerned about the economic impacts of potential tariffs under a returning Trump presidency, particularly on Asia.
  • Asian economies are notably exposed due to their high trade dependence, with exports constituting 37% to 85% of their economic output in some regions.
  • The landscape in Asia has changed from the previous trade war, as factors like high inflation and lower fiscal space amplify risks.
  • Countries like India, with a strong domestic market, might be better positioned to withstand shocks, although overall growth has slowed.
  • A significant concern is the potential for additional tariffs affecting economies heavily reliant on exports, which could escalate tensions between the US and China.

For more details, visit the original article at South China Morning Post.

SHARE THIS ARTICLE:

TAGS:

Us-china trade war Asia economy Tariffs Trade surplus Inflation
author-dp

Author:

Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

nav-post-picture
date-iconJanuary 02, 2025 India Maintains Interest Rates for Small Savings Schemes: Updates for January-March 2025
date-iconJanuary 02, 2025 Mitigating the Risks of a British Royal Regency Involving Prince Harry
nav-post-picture
Related Posts
main-post-image
WORLD NEWS
Colombia's President Offers Incentives for Undocumented Nationals to Return from the U.S.
date-iconFeb 01, 2025
main-post-image
ECONOMY
Trump's Tariffs on Canada, Mexico, and China Set to Take Effect Amidst Political Backlash
date-iconFeb 01, 2025
main-post-image
ECONOMY
U.S. Economy Grows at 2.8% in 2024 Amid Robust Consumer Spending and Inflation Concerns
date-iconFeb 01, 2025
main-post-image
WORLD NEWS
Trump Imposes Sweeping Tariffs on Canada, Mexico, and China, Igniting Concerns of a Trade War
date-iconJan 31, 2025
main-post-image
POLITICS
Trump Criticizes Fed Chair Powell's Failure to Cut Interest Rates Amid Rising Inflation Concerns
date-iconJan 31, 2025
main-post-image
WORLD NEWS
North Korea Tests Cruise Missiles While Vowing Tough Response to US Joint Military Drills
date-iconJan 27, 2025

Stay Connected

main-post-image
Economy
Vice President JD Vance Promises Lower Grocery Prices, But Urges Patience Amid Economic Adjustments
date-icon January 28, 2025
main-post-image
Crime
US-born girl shot dead by father in Pakistan over TikTok videos amid rising concerns over honor killings
date-icon January 29, 2025
main-post-image
Technology
Google Maps to Rename Gulf of Mexico as Gulf of America Following Trump's Executive Order
date-icon January 28, 2025
main-post-image
World News
Indiana Man Pardoned by Trump for January 6 Riot Fatally Shot During Traffic Stop
date-icon January 29, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Exploring the Origins, Celebrations, and Myths of Black History Month
user-iconGloria Terra
side-post-image
Luka Dončić Traded to Lakers in Monumental Deal for Anthony Davis, Shakes NBA Landscape
user-iconSam Striker
© 2025 All rights reserved | PRESS AI WORLD