This podcast explores how US tariffs could affect Asia's economy, especially with a Republican administration in power. While tariffs targeting China might not hit as hard as they did in 2018-2019—thanks to more diversified supply chains—a broader increase in tariffs could seriously undermine corporate confidence and global trade, leading to a significant economic slowdown across Asia. The impact will differ among individual Asian countries, depending on their trade ties with China and the US, with some being more at risk than others. Additionally, policy measures like currency depreciation and fiscal easing will be vital in lessening these adverse effects.
