Asian economies grapple with uncertainty of Trump’s tariffs and slowing China


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: People walk near a popular shopping street in Beijing on Feb. 3.GREG BAKER/AFP/Getty Images Asian economies have faced a series of setbacks in recent years, slowing growth: the pandemic, war in Ukraine and now, protectionism from the United States and possibly other key trading partners. Washington has imposed stringent tariffs on its three largest trading partners – Canada, Mexico and China – and introduced a global 25-per-cent levy on steel and aluminum, with a further “reciprocal tariff policy” due to come into force on April 2, which is expected to have an outsized effect on...