Trump's Tariffs Shake Asia and the Global Economy

1 min read
Source: BBC
Trump's Tariffs Shake Asia and the Global Economy
Photo: BBC
TL;DR Summary

The article discusses the impact of US President Donald Trump's tariffs on Asian economies, highlighting that US allies like Japan, South Korea, and Taiwan managed to negotiate reduced tariffs, while China and India face ongoing tensions. Southeast Asian countries experienced varied effects, with Vietnam successfully lowering tariffs, whereas Laos and Myanmar faced higher levies. The situation remains dynamic, with ongoing negotiations and potential tariff adjustments.

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