Trade tensions are sparking waves across the Asia-Pacific! According to the latest UBS research, escalating U.S. tariffs could slow economic growth in the region by 50 to 100 basis points. Export-dependent economies like Japan, South Korea, Thailand, Singapore, and Malaysia are feeling the squeeze as the uncertainty alone disrupts global supply chains and complicates investment decisions.
In an interview with CGTN, UBS Asia-Pacific economist Philip Wyatt explained that even without a final decision on tariff policies, the looming uncertainty is already making waves. These shifts could influence everything from consumer prices to long-term business plans, making it a critical moment for young entrepreneurs, investors, and students alike.
In today’s fast-paced global market, keeping a pulse on these trends is key. Whether you’re studying the impacts or planning your next business move, understanding the ripple effects of trade policies could offer a glimpse into the future of international markets. Stay informed and ride the wave of change!
Reference(s):
Economist: U.S. tariffs slow growth, Asian exporters bear brunt
cgtn.com